Transcription of Micro Small and Medium Enterprise Development Policy
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REPUBLIC OF ZAMBIA MINISTRY OF COMMERCE, TRADE AND INDUSTRY The Micro , Small and Medium Enterprise Development Policy (FINAL) NOVEMBER 2008_____ Micro , Small and Medium Enterprise Development Policy 2 TABLE OF CONTENTS LIST OF ACRONYMS .. 3 FOREWORD .. 4 ACKNOWLEDGEMENTS .. 5 WORKING ..6 Historical Background of the MSMEs sector in Zambia .. 6 Situation Analysis .. 11 Vision and Rationale .. 14 Rationale .. 14 Policy 14 Guiding Principles .. 14 Policy objectives .. 15 Definition of Micro Small and Medium Enterprises (MSMEs) .. 15 Policy Focus Areas and Strategies .. 18 Focus Areas .. 18 Policy Statements and Strategies .. 19 Implementation Framework .. 31 Main Actors, their roles and responsibilities .. 31 Inter-ministerial Cooperation and Collaboration .. 33 Time Frame for Implementation .. 33 Legal Frame work .. 34 Resource Mobilization.
Micro, Small and Medium Enterprise Development Policy 9 1.0 Historical Background of the MSMEs Sector in Zambia It is an internationally recognised fact that Micro Small and Medium Enterprises (MSMEs) play an important role in the economic development of many countries. The
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