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Critically discuss the impact of SME’s policy in the promotion of such business in the economy and clearly indicate the major hurdles of the policy it had encountered since its inception and suggest the way forwarD.
he Policy on SME’s development was created by the Government in conjunction with other stakeholders to create a conducive macroeconomic environment that will allow SMEs to emerge, survive and grow the reason being SME’s contribute third of the GDP of Tanzania economy. The recent Policy was introduced in 2002.
Since its inception the policy had the following impact on the promotion of business economy;
There have been establishment of a mechanism for handling SME business disputes as well as introduction of tax incentives for SMEs and training and sensitization SMEs on property rights for example through public talks and through BRELA day i.e. Business registration and licencing Authority whereby the officials gave speech on the property rights.
To a......
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Title: Critical Analysis Of The Impact Of Sme's In The Promotion Of Such Business In The Tanzanian Economy.
Approximate Word Count: 1325
Approximate Pages: 6 (250 words per double-spaced page)
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