The COVID-19 pandemic deeply impacted business operations, especially MSMEs. Sudden drop in revenues due to weaker consumer demand led to a liquidity crisis especially for smaller businesses. This, in turn, may affect their operations and lead to closures.
This session will feature examples of financial support to sellers by e-commerce platforms here, and open a discussion on how to sustain participation of MSMEs in these online channels.
Financial Supervision Sector at Bangko Sentral ng Pilipinas
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