IMF calls for working capital bridge loans to stave off collapse of SME sector across Asia

The International Monetary Fund (IMF) has called on nations across Asia to introduce “working capital bridge loans” well beyond what is currently on offer, to help smaller businesses across the region deal with serious cashflow problems caused by the Covid-19 pandemic. The IMF’s Kenneth Chang and Chanyong Rhee estimate that there is a massive need for new working capital for…

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