2. Presentation on Key Success Factors for National SME Development Program 3rd Working Session: The Role of Chambers of Commerce and Industry in Promotion of SMEs 6 th and Final Meeting of the OIC Task Force on SMEs Bangkok August 15-17, 2008

3. IMPORTANCE OF SMEs Engine of Economic growth. Reduction in Economic Risk. Constructing Peripheral business activities. Reduction in disparities through trickle down effects. Poverty Reduction through employment generating fiscal mechanism. Constructing Healthy competition. Developers of entrepreneurial culture. Promotion of Learning Environment Economic Externalities.

4. ECONOMIC CONTRIBUTION OF SMEs IN OIC STATES 75% contribution in Developing Countries GDP In Bangladesh 80 per cent of industrial employment. In Indonesia, –Two thirds of small businesses in the agricultural sector –17 per cent in trading (including restaurants and hotels) –7 per cent in processing industries –5 per cent in the service sector. In Malaysia, –15 per cent of total output –18 per cent of value addition –17 per cent of employment in the manufacturing sector. In Pakistan, –Contribution to GDP is more than 30 percent; –80 per cent Employment of the industrial labor force –60 per cent Employment of the manufacturing sector.

5. SME SHARE IN EXPORT OF OIC COUNTRIES Positive impact on the trade balances by: Generating Exports from OIC countries. Low-cost and labor-intensive products. Less capital-intensive imports In Malaysia, –20 per cent in exports; In Bangladesh –70 percent in exports In Jordan –29 percent in exports, In Turkey –30 percent in exports In Pakistan, –80 per cent of the total exports of manufactured products. In Indonesia, (only for direct exports) –less than 2 per cent are involved in exports,

6. STRATEGIC ISSUES/PROBLEMS SMEs related problems are almost same for all OIC countries: Capital Raising Funds for S T Financing Politico-economic conditions Government Regulations Competitiveness factors Marketing and image Building Infrastructure Human Resource Biasness in industrial policies Labor Laws Governance and entrepreneurship Lack of harmonization and vertical integration with the large scale enterprise Lack of technological advancement

7. Cross Border business and Financing activities Access to global markets Possibilities to exploit scale advantages; Upgrading of technological capability; Ways of spreading risk; lowering and sharing costs, Including R&D costs; Improving access to finance. Branding Campaign for image building Acquisition of Trademarks Development of Websites Participation in fairs and exhibitions Cont….. PRE-REQUISITE FACTORS

8. To Prosper SMEs requires: –Conducive Business Environment and regulations –Adequate basic infrastructure services –Access to short and long-term funding at reasonable cost –Equity and Venture Capital –Advisory Assistance –Knowledge about market opportunities. To Succeed, Sustainable SMEs Synchronisation between: –Commercial Banks –Specialized Financial Institutions –Leasing Companies and equity providers –Consulting and training firms –Internet provider –Local business associations.

9. ROLE OF THE CCI TO ENHANCE SMEs IN OIC COUNTRIES ROLE OF CHAMBERS AS : (i)Associations of entrepreneurs (ii)Think tank (iii)Liaison Institution FUNCTIONS OF CHAMBERS: (i)To create awareness (ii)Policy advocacy (iii)Lobbying Business sectors Development (iv)Facilitation Services. Cont…..

10. In Pakistan, FPCCI has been participating in the development of SMEs sector by different ways. - Standing committee on SMEs related issues. -Recommendation of policy measures to the fiscal and monetary authorities for enhancement the role and share of SMEs in the economy. -On FPCCI recommendation, commercial banks have been directed by the State Bank of Pakistan to establish separate windows and allocate separate funds for financing to the SMEs. -In collaboration with FPCCI, the USAID Business Support Fund has been granting the financial assistance to the SMEs for developing of websites, branding, campaign for image building, acquisition of trademarks, participation in fairs and exhibitions and many other such activities. -Competitiveness Support Funds( FPCCI, USAID and WEF)

11. Private sector in the economy Investment commitments in Infrastructure projects with private participation" Countries Domestic credit to private sectorBusinesses registered Micro small, and medium-size enterprises %of GDPNew 2005Total 2005Total 2000-05 per 1,000 people 2000-05b Afghanistan.. Albania21.82,38816,42338,33112.3 Algeria12.512,164103,482580,00018.8 Angola7.5.. Argentina1353,000450,535.. Armenia8.89,667123,95199,80533.1 Australia109.681,079935,0471,269,00063.2 Austria114.914,669172,602252,39930.9 Azerbaijan12.2.. 49,5276 Bangladesh36.25,32867,459177,0001.3 Belarus20.2.. 25,1082.5 Belgium83.325,492343,761686,53366.2 Benin16.7.. Bolivia36.11,62524,649.. Bosnia and Herzegovina 48.41,40934,03514,9863.8 Botswana19.67,30179,54313,1377.4 Cont…..

12. Countries Domestic credit to private sector Businesses registered Micro small, and medium-size enterprises %of GDPNew 2005Total 2005Total 2000-05 per 1,000 people 2000-05b Brazil36.5.. 4,903,26827.4 Bulgaria47.4.. 216,48927.7 Burkina Faso16.7.. Burundi21.. Cambodia9.11,55110,349.. Cameroon9.. Canada195.385,0831,357,8812,245,24569.5 Central African Republic6.6.. Chad2.5.. Chile82.431,088170,636700,00043.4 China113.6.. 8,000,0006.3 HongKong,China139.574,122557,002263,95938.4 Colombia35.798720,026664,00015 Congo, Dem. Rep.2.9.. Congo, Rep.2.22,16034,514.. Costa Rica39.144,301392,72640,9219.6 Cote d'ivoire14.1.. Croatia68.78,733113,70894,08821.2 Cuba.. Czech Republic40.930,945273,688.. Cont….. Private sector in the economy

13. Countries Domestic credit to private sector Businesses registered Micro small, and medium-size enterprises %of GDPNew 2005Total 2005Total 2000-05 per 1,000 people 2000-05b Denmark185.133,047234,432257,95047.8 DominicanRepublic25.8.. Ecuador24.. 1,043,44083.6 Egypt, Arab Rep.55.39,595367,559.. EI Salvador42.92,61740,739461,64272.1 Eritrea29.. Estonia78.49,94573,99965,19448.4 Ethiopia27.2.. Finland77.87,710114,061221,00042.4 France98.7144,5211,225,2912,612,96043.2 Gabon9.3.. Gambia,The15.6.. Georgia19.55,03556,84033,8607.6 Germany109.866,747465,6153,162,11138.3 Ghana186,189100,27225,6791.2 Greece72.32,38133,839771,00069.9 Guatemala26.84,25168,451.. Guinea5.. Guinea-Bissau4.. Haiti13.39300.. Cont….. Private sector in the economy

14. Countries Domestic credit to private sector Businesses registered Micro small, and medium-size enterprises %of GDPNew 2005Total 2005Total 2000-05 per 1,000 people 2000-05b Honduras49.. 257,95340.2 Hungary55.422,251240,556.. India4538,129712,800.. Indonesia24.619,851259,79941,362,315195.3 Iran, Islamic Rep.47.3.. Iraq.. Ireland183.417,234160,70797,00024.3 Israel89.614,687379,503468,33867.6 Italy95.6104,3641,688,1984,486,00077.9 Jamaica27.9.. Japan182114,0132,572,0885,712,19144.7 Jordan987,706102,716141,32726.4 Kazakhstan47.83,30232,150.. Kenya27.77,371125,1022,800,00087.4 Korea, Dem. Rep... Korea, Rep.102.. 2,998,22362.4 Kuwait63.1.. Kyrgyz Republic10.5.. 142,47528.3 Lao PDR6.. Latvia86.810,856193,89332,57113.8 Cont….. Private sector in the economy

15. Countries Domestic credit to private sector Businesses registered Micro small, and medium-size enterprises %of GDPNew 2005Total 2005Total 2000-05 per 1,000 people 2000-05b Lebanon77.93,12763,423.. Lesotho8.9.. Liberia8.4.. Libya15.5.. Lithuania50.64,50771,08556,42816.5 Macedonia, FYR30.210,814157,97355,74227.5 Madagascar10.21,23419,305.. Malawi8.74205,595747,39664.9 Malaysia108.1.. 518,99620.5 Mali17.2.. Mauritania.. Mauritius78.. 75,26762.2 Mexico22.1306,4004,290,0002,891,30028.3 Moldova27.95,03361,33325,6676.1 Mongolia32.8.. Morocco58.113,407155,947450,00015.8 Mozambique13.8.. Myanmar5.6.. Namibia61.7.. Nepal37.7.. 3,0400.1 Cont….. Private sector in the economy

16. Countries Domestic credit to private sector Businesses registered Micro small, and medium-size enterprises %of GDPNew 2005Total 2005Total 2000-05 per 1,000 people 2000-05b Netherlands176.2116,0001,030,000735,16045 New Zealand144.262,695388,846334,03182.2 Nicaragua33.8.. Niger8.3.. Nigeria15.. Norway..47,436298,360316,24368.4 Oman34.9..7,3732.9 Pakistan294,22744,8972,956,70419 Panama88.6.. Papua New Guinea17.1.. Paraguay16.9.. 548,00095.5 Peru17.833,349554,135658,83723.9 Philippines3013,328..808,63410.1 Poland33.623,864509,8941,654,82243.3 Portugal157.416,770262,686693,00066.4 Puerto Rico.. 2,0690.5 Romania26.391,386851,562392,54418.1 Russian Federation30.8446,6054,767,3006,891,30048.2 Rwanda13.5.. Saudi Arabia50.7.. Cont….. Private sector in the economy

17. Countries Domestic credit to private sector Businesses registered Micro small, and medium-size enterprises %of GDPNew 2005Total 2005Total 2000-05 per 1,000 people 2000-05b Senegal23.1231,000.. Serbia and Montenegro26.814,608270,87268,2209.1 Sierra Leone4.4.. Singapore98.619,501102,662136,36332.2 Slovak Republic39.27,50781,77570,55313.1 Slovenia68.83,23740,56091,06645.6 Somalia.. South Africa160.841,356553,425.. Spain167.4139,1192,193,6913,168,73573 Sri Lanka32.84,75458,518121,4266.3 Sudan0.1.. 22,4600.7 Swaziland23.7.. Sweden117.321,695301,814898,45499.6 Switzerland174.38,998140,580344,00046.9 Syrian Arab Republic14.92162,268.. Tajikistan16.. 92,96414.7 Tanzania12.23,93359,1632,700,00075.8 Thailand88.. 842,36013.7 Private sector in the economy Cont…..

18. Countries Domestic credit to private sector Businesses registered Micro small, and medium-size enterprises %of GDPNew 2005Total 2005Total 2000-05 per 1,000 people 2000-05b Timor-Leste.. 4,1384.5 Togo16.9.. Trinidad and Tobago34.3.. 19,15014.5 Tunisia656,35362,563.. Turkey34.186,900593,166210,1343.1 Turkmenistan.. Uganda7.98,09689,503160,4536.2 Ukraine44.928,716471,839343,7867.3 United Arab Emirates60.9.. United Kingdom175.8333,7002,160,0004,415,26073.8 United States201.1676,8305,156,0005,868,73720 Uruguay26.2.. 143,03537.9 Uzbekistan.. 212,4248.3 Venezuela, RB17.1.. 11,3140.5 Vietnam71.3.. 90,9351.1 West Bank and Gaza8.. 97,19427.7 Yemen, Rep.6.91,80021,332310,00016.2 Zambia9.73,38965,155.. Zimbabwe26.6.. Private sector in the economy Source: World Bank

19. Business environment: enterprise surveys Countries Survey year Regulations and tax Permits and licenses Corrup tionCrimeInformalityGenderFinance Infrastr ucture Innov ationTrade Work force Time dealing with officials % of management time Average number of times manage ment met with tax officials Time require d to obtain operati ng license days Unoffic ial payme nts to public official s % of firms Losses due to theft, robber y, vandal ism and arson % of Sales Firms that do not report all sales for tax purposes % of firms Firms with female partici pation in owners hip % of firms Firms using banks to finance investm ent % of firms Value lost due to electrica l outages % of Sales ISO certifi cation owner ship % of firms Avera ge time to clear export s throug h custo ms days Firms offeri ng form al traini ng % of firms Afghanistan.. Albania200510.46.6 64.3066.214.127.910.916.71.447.5 Algeria2002.. 75.20.570.4..16.94.3..8.631.8 Angola20067.15.224.146.32.467.823042.13.75.116.519.4 Argentina200614.14.6175.818.73.749.130.36.91.426.95.552.2 Armenia200532.9..24.6026.212.5352.55.7535.9 Australia.. Austria.. Azerbaijan20055.21.3 37.80.238.714.40.65.910.31.616.3 Bangladesh20073.21.46.182.21.2 16.111.610.67.88.416.2 Belarus20053.63.1 26.20.22023.810.53.88.9349.7 Belgium.. Benin20046.56.339.957.70.339.6..20.86.52.76.335.3 Bolivia200613.53.530323.3510441.121.140413.815.353.9 Cont…..

20. Countries Surve y year Regulations and tax Permits and licenses Corr uptio nCrime Infor malit y Gen der Finan ce Infrastr ucture Innov ationTrade Work force Time dealing with officials % of managem ent time Aver age num ber of times mana geme nt met with tax offici als Time required to obtain operating license days Unof ficial pay ment s to publ ic offici als % of firms Losses due to theft, robber y, vandal ism and arson % of Sales Firms that do not report all sales for tax purpo ses % of firms Firm s with fema le parti cipat ion in own ershi p % of firms Firms using bank s to finan ce inves tment % of firms Value lost due to electric al outages % of Sales ISO certifi cation owner ship % of firms Avera ge time to clear export s throu gh custo ms days Firms offeri ng form al traini ng % of firms Bosnia & H.20054.31.9 24.1429.225.217.520414.5247.2 Botswana200652.413.727.63.265.340.911.31.412.710437.7 Brazil20037.2.. 482.8..22.91.619.18.267.1 Bulgaria20052.84.7..36.10.339.736.524.71.311232.3 Burkina Faso20069.52.5..871.858.823.322.33.97.42.843.1 Burundi20065.72.127.356.54.942.734.812.310.77.1..22.1 Cambodia20038.67.2..82.41.691 6.82.22.8..22.5 Cameroon200612.86.415.677.43.838.735.3183.916.44.342.4 Canada.. C.A. Rep... Chad.. Chile200695.467.78.21.327.927.8291.8225.846.9 China200318.314.411.872.60.149.5 9.81.335.96.784.8 H.K, China.. Colombia200614.32.528.28.22.938.74330.52.35.97.139.5 Cont….. Business environment: enterprise surveys

21. Countries Surve y year Regulations and tax Permits and licenses Corr uptio n Crime Infor mality Gend er Finan ce Infrastr ucture Innova tion Trade Work force Time dealing with officials % of manageme nt time Avera ge numb er of times mana geme nt met with tax offici als Time required to obtain operating license days Unof ficial paym ents to publi c offici als % of firms Losses due to theft, robbery, vandali sm and arson % of Sales Firms that do not report all sales for tax purpo ses % of firms Firms with femal e partic ipati on in owne rship % of firms Firms using banks to financ e invest ment % of firms Value lost due to electric al outages % of Sales ISO certific ation owner ship % of firms Avera ge time to clear export s throug h custo ms days Firms offeri ng forma l traini ng % of firms Congo, Dem.20066.31017.883.86.565.421.23.35.64.33.611.4 Congo, Rep... Costa Rica20059.60.7 33.80.468.334.79.31.910.53.546.4 Cote d'ivoire.. Croatia20052.72.3 20.80.233.32029.72.416.1259.9 Cuba.. Czech Rep.20052.11.7 25.50.451.121.811.41.612.53.660.3 Denmark.. Domin. Rep.20058.82.7 26.30.773.6 3.615.29.611.453.3 Ecuador200617.32.619.920.7337.632.723.82.718.2761.6 Egypt, Arab Rep.2004..7.2112.821.2 33 7.94.5124.813.4 EI Salvador20069.24.135.427.35.642.339.617.32.9112.949.6 Eritrea20023.8.. 6.8 84.25.330.5 6.6 20.3 Estonia20052.32.2 16.20.424.734.117.81.113.21.864.9 Ethiopia20063.81.811.412.41.451.630.9110.94.24.338.2 Cont….. Business environment: enterprise surveys

22. Countries Surve y year Regulations and tax Permits and licenses Corr uptio n Crime Infor malit y Gen der Finan ce Infrastr ucture Innov ation Trade Work force Time dealing with officials % of managem ent time Aver age num ber of times mana geme nt met with tax offici als Time required to obtain operating license days Unof ficial pay ment s to publ ic offici als % of firms Losses due to theft, robber y, vandali sm and arson % of Sales Firms that do not report all sales for tax purpo ses % of firms Firm s with fema le parti cipat ion in own ershi p % of firms Firms using bank s to finan ce inves tment % of firms Value lost due to electric al outages % of Sales ISO certifi cation owner ship % of firms Avera ge time to clear export s throug h custo ms days Firms offeri ng forma l traini ng % of firms Finland.. France.. Gabon.. Gambia, The20067.33.29.152.18.788.121.37.611.822.2525.6 Georgia20053.17.9 11.10.33636.912.59.2133.424 Germany.. Ghana200744.66.438.83.759.2441666.87.833 Greece.. Guatemala20069.23.975.4135.244.228.412.84.58 28.1 Guinea20062.73.61384.88.395.425.40.9145.24.321.1 Guinea-Bissau20062.94.430.462.23.368.219.90.75.38.45.612.4 Haiti.. Honduras20064.62.431.612.76.13639.98.53.816.5633.3 Hungary200542.5 32.10.14040.122.31.423.14.539.9 Cont….. Business environment: enterprise surveys

23. Countries Surv ey year Regulations and tax Permits and licenses Corr upti on Crime Infor malit y Gen der Fina nce Infrast ructure Innov ation Trade Workf orce Time dealing with officials % of managem ent time Aver age num ber of time s man agem ent met with tax offici als Time required to obtain operating license days Uno ffici al pay men ts to publ ic offic ials % of firm s Losses due to theft, robber y, vandal ism and arson % of Sales Firms that do not repor t all sales for tax purp oses % of firms Firm s with fem ale parti cipat ion in own ersh ip % of firm s Firm s usin g bank s to finan ce inves tmen t % of firms Value lost due to electric al outage s % of Sales ISO certifi cation owne rship % of firms Avera ge time to clear expor ts throu gh custo ms days Firms offerin g formal trainin g % of firms India20066.73.1 47.50.159.29.119.46.622.515.615.9 Indonesia20034218.644.20.244 13.93.322.14.123.8 Iran, Islamic Rep... Malawi20065.88.917.435.72.355.315.820.622.617.23.551.6 Malaysia20027.35.2 0.3 23.81.831.42.542 Mali20037.56.98.159.60.555.117.316.81.76.58.125.5 Mauritania20065.81.910.782.15.682.5 3.21.65.93.925.5 Mauritius20059.62.1 17.50.126.324.836.32.928.44.462.1 Mexico200620.52.311.9203.457.727.52.62.420.35.424.6 Moldova20053.62.744.7360.140.2 17.72.76.92.632.5 Mongolia200467.3 0.680.4 32.81.520.53.546.2 Morocco20049.20.84.9 010.7 24.70.722.32.233.5 Mozambique.. Myanmar.. Business environment: enterprise surveys Cont…..

24. Countries Surve y year Regulations and tax Permits and licenses Corr uptio n Crime Infor malit y Gen der Finan ce Infrastr ucture Innov ation Trade Work force Time dealing with officials % of managem ent time Aver age num ber of times mana geme nt met with tax offici als Time required to obtain operating license days Unof ficial pay ment s to publ ic offici als % of firms Losses due to theft, robber y, vandali sm and arson % of Sales Firms that do not report all sales for tax purpo ses % of firms Firm s with fema le parti cipat ion in own ershi p % of firms Firms using bank s to finan ce inves tment % of firms Value lost due to electric al outages % of Sales ISO certifi cation owner ship % of firms Avera ge time to clear export s throug h custo ms days Firms offeri ng forma l traini ng % of firms Namibia20062.91.69.611.4345.533.48.10.717.61.544.5 Nepal.. Netherlands.. New Zealand.. Nicaragua20069.32.519.716.83.860.441.4138.718.7528.9 Niger200611.54.310.969.76.129.71014.42.54.87.434.4 Nigeria.. Norway.. Oman..5.211.833.2 42.5 6.54.210.84.220.9 Pakistan20028.74.235.2570.1 3.64.9179.711.1 Panama200610.32.741.224.22.754.237.119.22.414.75.743.9 Papua New Guinea.. Paraguay20067.92.237.8683.142.844.882.57.15.546.9 Peru200613.52.581.19.22.427.232.830.83.214.65.657.7 Cont….. Business environment: enterprise surveys

25. Countries Survey year Regulations and tax Permits and licenses Corr upti on Crime Infor malit y Gen der Fina nce Infrastru cture Inno vati on Trade Workf orce Time dealing with officials % of managem ent time Aver age num ber of times mana geme nt met with tax offici als Time required to obtain operating license days Unof ficial pay ment s to publ ic offic ials % of firm s Losses due to theft, robber y, vandal ism and arson % of Sales Firms that do not repor t all sales for tax purp oses % of firms Firm s with fema le parti cipat ion in own ershi p % of firm s Firm s using bank s to finan ce inves tmen t % of firms Value lost due to electrica l outages % of Sales ISO certi ficat ion own ersh ip % of firm s Avera ge time to clear export s throu gh custo ms days Firms offerin g formal trainin g % of firms Philippines20036.93.92544.70.957.9 5.55.915.86.621.7 Poland200532.716.523.70.443.933.620.71.613.93.348.4 Portugal.. Puerto Rico.. Romania20051.11.8 33.10.226.927.723.22.116.82.432.7 Russian Federation20056.32.5 59.90.540.328.610.229.38.237.3 Rwanda20065.946.5207.128.94115.98.710.86.727.6 Saudi Arabia.. Senegal2003 6.730.525.30.6 26.34.36.16.632.7 Serbia and Montenegro 20058.14.1 31.80.633.32516.72.411.73.247.5 Sierra Leone.. Singapore.. Slovak Rep.200531.8 34.30.42218.213.21.2105.879.4 Business environment: enterprise surveys Cont…..

26. Countries Surve y year Regulations and tax Permits and licenses Corru ption Crime Infor malit y Ge nde r Finan ce Infrastr ucture Innov ation Trade Work force Time dealing with officials % of managem ent time Aver age num ber of times mana geme nt met with tax offici als Time required to obtain operating license days Unoffi cial payme nts to public officia ls % of firms Losses due to theft, robbery, vandali sm and arson % of Sales Firm s that do not repo rt all sales for tax purp oses % of firm s Fir ms wit h fem ale part icip atio n in ow ner shi p % of fir ms Firms using bank s to finan ce inves tment % of firms Value lost due to electric al outages % of Sales ISO certifi cation owner ship % of firms Avera ge time to clear export s throu gh custo ms days Firms offeri ng form al traini ng % of firms Slovenia20053.71.4 11.20.235.6 34. 5 29.61.120.22.969.9 Somalia.. South Africa20039.23.36.42.10.515.9 24.20.442.44.564 Spain.. Sri Lanka20043.55.149.516.30.542.2 16.2 7.632.6 Sudan.. Swaziland20064.41.92440.63.474.6 28. 6 7.72.522.1451 Sweden.. Switzerland.. Syrian Arab Republic200310.36 79.9 2.98.67.46.321 Tajikistan20053.3315.345.70.334.5 21. 8 17.36.55.430.9 Business environment: enterprise surveys Cont…..

27. Countries Survey year Regulations and tax Permits and licenses Corru ption Crime Info rmal ity GenderFinance Infrastr ucture Innova tion Trade Workfo rce Time dealing with officials % of manage ment time Aver age num ber of time s man age ment met with tax offic ials Time required to obtain operating license days Unoff icial paym ents to publi c offici als % of firms Losses due to theft, robber y, vandal ism and arson % of Sales Fir ms that do not repo rt all sale s for tax pur pose s % of firm s Firms with female particip ation in ownersh ip % of firms Firms using banks to finance investm ent % of firms Value lost due to electric al outage s % of Sales ISO certific ation owner ship % of firms Avera ge time to clear export s throug h custo ms days Firms offering formal training % of firms Tanzania200643.315.949.13.97130.96.89.614.75.736.5 Thailand20041.31.737.1 0.1 74.71.444.61.476.3 Timor-Leste.. Togo.. Trinidad and Tobago.. Tunisia.. Turkey200510.82.2 45.70.263.18.97.52.212.64.525.5 Turkmenistan.. Uganda20065.22.99.350.64.174.534.77.710.215.54.735 Ukraine20058.14.7 480.424.434.914.72.710.84.744 United Arab Emirates.. Business environment: enterprise surveys Cont…..

28. Countries Survey year Regulations and tax Permits and licenses Corrupt ion Crime Informal ity GenderFinance Infrastr ucture Innov ation Trade Workforc e Time dealing with officials % of manage ment time Ave rage nu mbe r of time s man age men t met wit h tax offi cials Time required to obtain operating license days Unoffici al paymen ts to public officials % of firms Losses due to theft, robber y, vanda lism and arson % of Sales Firms that do not report all sales for tax purposes % of firms Firms with female particip ation in owners hip % of firms Firms using banks to finance investm ent % of firms Value lost due to electric al outages % of Sales ISO certifi cation owner ship % of firms Averag e time to clear exports through customs days Firms offering formal training % of firms U.K... United States.. Uruguay200672.2133.87.12.145.541.66.80.96.82.824.6 Uzbekistan20052.53.5 36.80.114.617.23.32.78.75.116.2 Venezuela, RB200633.63.441.6 6.8 35.74.412.541.142.3 Vietnam20053.12.2 67.20.170.327.429.2 11.44.944 West Bank and Gaza 20065.75.221.35.27.525.7184.24.618.2626.5 Yemen, Rep... Zambia2002132.9 44.42.853.5 17.43.85.82.334.2 Zimbabwe.. Source: World Bank Business environment: enterprise surveys

29. Countries Starting a business Registering property Dealing with licenses Employing workers Enforcing contracts Protecting Investors Closing a business Num ber of proce dures (June 2007) Time Requ ired days (June 2007) Cost % of per capita incom e (June 2007) Num ber of proce dures (June 2007) Time requ ired days (Jun e 2007) Number of procedures to build a warehouse (June 2007) Time required to build a warehous e days (June 2007) Rigidity of employment index 0-100 (least to most rigid) (June 2007) Num ber of proce dures (June 2007) Tim e requ ired days (Jun e 2007) Disclosure index 0-10 (least to most disclosure) (June 2007) Time to resolve insolvenc y years (June 2007) Afghanistan4984.692501334023471,6420.. Albania103620.97472433135393900.. Algeria142413.2145122240484763062.5 Angola12119343.773341433769461,01156.2 Argentina14319.756528338413659062.8 Armenia9184.83419116315028551.9 Australia220.8551622132826281 Austria8285.433213194372639731.1 Azerbaijan13306.976131207383926742.7 Bangladesh87446.284251425235411,44264 Belarus10488.8723117350272822555.8 Business environment: Doing Business indicators Cont…..

30. Countries Starting a business Registering property Dealing with licenses Employing workers Enforcing contracts Protectin g Investors Closing a business Number of procedu res (June 2007) Time Requi red days (June 2007) Cost % of per capita income (June 2007) Nu mb er of pro ced ures (Jun e 200 7) Time requir ed days (June 2007) Number of procedu res to build a wareho use (June 2007) Time require d to build a wareho use days (June 2007) Rigidity of employmen t index 0- 100 (least to most rigid) (June 2007) Nu mb er of pro ced ures (Jun e 200 7) Time requir ed days (June 2007) Disclosu re index 0-10 (least to most disclosur e) (June 2007) Time to resolve insolvenc y years (June 2007) Belgium345.3713214169202750580.9 Benin731195311815332404272064 Bolivia1550134.179217249793759111.8 Bosnia & Herz. 125430.1733116467463859533.3 Botswana111089.943024167202998781.7 Brazil1815210.4144518411464561664 Bulgaria9328.4919221312940564103.3 Burkina Faso61882.1818232226613744664 Burundi11432515942038441445584.. Cambodia1086190.37562370945444015.. Cameroon1337129.259315426464380063.2 Canada230.9617147543657080.8 Cen. A.Rep1014205.436921239614366064.8 Chad1975188.8644918146417436.. Business environment: Doing Business indicators

31. Countries Starting a business Registering property Dealing with licenses Employi ng workers Enforcing contracts Protectin g Investors Closing a business Number of procedu res (June 2007) Time Requ ired days (June 2007) Cost % of per capita inco me (June 2007) Number of procedu res (June 2007) Time requi red days (June 2007) Numbe r of procedu res to build a wareho use (June 2007) Time require d to build a wareho use days (June 2007) Rigidity of employm ent index 0-100 (least to most rigid) (June 2007) Number of procedu res (June 2007) Time requi red days (June 2007) Disclosur e index 0- 10 (least to most disclosur e) (June 2007) Time to resolve insolvency years (June 2007) Chile9278.663118155243648074.5 China13358.4429373362435406101.7 H.K., China5113.155423155024211101.1 Colombia114219.39231414627341,34683 Congo, Dem. 13155487.285714322744368535.2 Congo, Rep. 1037150.1713714169694456063 Costa Rica127721.362123178324087723.5 Cote d'ivoire 1040135.876221628383377062.2 Croatia84011.7517422255503856113.1 Cuba.. Czech Rep.101710.6412336180312782026.5 Denmark460642669103438071.1 Dom. Rep.92231.176017214323446053.5 Ecuador146529.2101719148513949815.3 Cont….. Business environment: Doing Business indicators

32. Countries Starting a business Registering property Dealing with licenses Employi ng workers Enforcing contracts Protectin g Investors Closing a business Number of procedu res (June 2007) Time Requ ired days (June 2007) Cost % of per capita income (June 2007) Num ber of proce dures (June 2007) Tim e req uire d day s (Jun e 2007 ) Numbe r of proced ures to build a wareho use (June 2007) Time require d to build a wareho use days (June 2007) Rigidity of employ ment index 0- 100 (least to most rigid) (June 2007) Number of procedu res (June 2007) Time requi red days (June 2007) Disclosur e index 0- 10 (least to most disclosur e) (June 2007) Time to resolve insolvency years (June 2007) Egypt7928.671932824927421,01074.2 EI Salvador 92673.153134155243078654 Eritrea1384125.812101.. 20394054.. Estonia57235113117583642583 Ethiopia71641.3134312128343969043 Finland31413 1838483323560.9 France571.19123131375630331101.9 Gabon9581648601421059381,07065 Gambia932279537117146233243423 Georgia5119.5551211373628583.3 Germany9185.744012100443339451.2 Ghana114241.453418220373648771.9 Greece153823.3122315169553981912 Business environment: Doing Business indicators Cont…..

33. Countries Starting a business Registering property Dealing with licenses Employing workers Enforcing contracts Protectin g Investors Closing a busines s Number of procedu res (June 2007) Time Requir ed days (June 2007) Cost % of per capita income (June 2007) Number of procedu res (June 2007) Time requir ed days (June 2007) Number of procedu res to build a wareho use (June 2007) Time require d to build a wareho use days (June 2007) Rigidity of employmen t index 0- 100 (least to most rigid) (June 2007) Number of procedur es (June 2007) Time requi red days (June 2007) Disclosur e index 0- 10 (least to most disclosur e) (June 2007) Time to resolve insolven cy years (June 2007) Guatemala112647.35302223528 1,45933 Guinea1341138.3610432255415027663.8 Guinea- Biss. 17233255.592111516766411,1406 Haiti12202133.95405111,179213550825.7 Honduras132159.972417125434548013.8 Hungary61617.746331211303333522 India133374.66622022430461,420710 Indonesia121058074219196443957095.5 Iran8475.393619670403952054.5 Iraq117793.5581421538515204.. Ireland4130.3538111851720515100.4 Israel5344.4714420235243589074 Italy91318.78271425738411,21071.8 Jamaica688.75541023643456541.1 Cont….. Business environment: Doing Business indicators

34. Countries Starting a business Registering property Dealing with licenses Employing workers Enforcing contracts Protecting Investors Closi ng a busin ess Number of procedur es (June 2007) Time Requir ed days (June 2007) Cost % of per capita incom e (June 2007) Number of procedu res (June 2007) Time requir ed days (June 2007) Number of procedu res to build a warehou se (June 2007) Time require d to build a wareho use days (June 2007) Rigidity of employment index 0-100 (least to most rigid) (June 2007) Number of procedu res (June 2007) Time requi red days (June 2007) Disclosure index 0-10 (least to most disclosure) (June 2007) Time to resol ve insol vency years (June 2007) Japan8237.561415177173031670.6 Jordan101466.282218122303968954.3 Kazakhstan8217.685238231203823073.3 Kenya124446.186410100214446534.5 Korea, D.R... Korea, Rep.101716.97111334373523071.5 Kuwait13351.685525104135056674.2 Kyrg Rep.8218.84420291383917784 Lao PDR810316.5913524172374244303 Latvia516385426188432727954 Lebanon64694.182520211253772192.6 Business environment: Doing Business indicators Cont…..

35. Countries Starting a business Registering property Dealing with licenses Employing workers Enforcing contracts Protect ing Invest ors Closing a business Number of procedur es (June 2007) Time Requi red days (June 2007) Cost % of per capit a inco me (June 2007) Number of procedu res (June 2007) Time requir ed days (June 2007) Number of procedu res to build a wareho use (June 2007) Time require d to build a wareho use days (June 2007) Rigidity of employmen t index 0- 100 (least to most rigid) (June 2007) Number of procedu res (June 2007) Time requi red days (June 2007) Disclo sure index 0-10 (least to most disclos ure) (June 2007) Time to resolve insolvenc y years (June 2007) Lesotho87337.4610115601244169523 Liberia1299493.313502539831411,28041.7 Libya.. Lithuania72633..17156483021053.7 Macedonia9156.66319192503938552.6 Madagascar5722.789816268633887152.3 Malawi1037188.7613421213254243243.6 Malaysia92418.1588252851030600108 Mali1126132.1514414208383986061.7 Mauritania116556.242925201454640051.8 Mauritius675.364918107233775062.8 Mexico82713.3521011131483841584 Moldova92311.567430292383136571.8 Mongolia8204.354821126343231455 Cont….. Business environment: Doing Business indicators

36. Countries Starting a business Registering property Dealing with licenses Emplo ying worke rs Enforcing contracts Protecting Investors Closing a business Number of procedur es (June 2007) Time Requir ed days (June 2007) Cost % of per capita income (June 2007) Number of procedur es (June 2007) Time requir ed days (June 2007) Numbe r of procedu res to build a wareho use (June 2007) Time require d to build a wareho use days (June 2007) Rigidi ty of emplo yment index 0-100 (least to most rigid) (June 2007) Number of procedur es (June 2007) Time requir ed days (June 2007) Disclosur e index 0- 10 (least to most disclosure ) (June 2007) Time to resolve insolvenc y years (June 2007) Morocco61211.581119163634061561.5 Mozambique102921.68471736154311,01055 Myanmar.. Namibia109922.392312139203327051.5 Nepal73173.93515424523973565 Netherlands61062518230422551441.1 N. Zealand2120.122765730216101.3 Nicaragua639119.1812417219273554042.2 Niger1123174.853216293703954565 Business environment: Doing Business indicators Cont…..

37. Countries Starting a business Registering property Dealing with licenses Employi ng workers Enforcing contracts Protecting Investors Closing a business Number of procedu res (June 2007) Time Required days (June 2007) Cost % of per capita inco me (June 2007) Numbe r of procedu res (June 2007) Time requir ed days (June 2007) Number of procedu res to build a wareho use (June 2007) Time require d to build a wareho use days (June 2007) Rigidity of employ ment index 0- 100 (least to most rigid) (June 2007) Number of procedu res (June 2007) Time requi red days (June 2007) Disclosur e index 0- 10 (least to most disclosure ) (June 2007) Time to resolve insolvenc y years (June 2007) Nigeria93456.614821835073945752 Norway6102.31314252473331070.9 Oman9344.3216 242245159884 Pakistan11241465012223434788062.8 Panama7192274425149693168612.5 Papua N. G.85626.447224217104359153 Paraguay73577.664613291593859163.9 Peru107229.953321210554146883.1 Philippines155826.883321177353784215.7 Poland103121.2619730308373883073 Portugal773.454220327483557762 Puerto Rico770.8819422209214162073.8 Romania6144.7815017243663253793.3 Russian Fed.8293.765254704443728163.8 Cont….. Business environment: Doing Business indicators

38. Countries Starting a business Registering property Dealing with licenses Employ ing workers Enforcing contracts Protecting Investors Closing a business Number of procedur es (June 2007) Time Requ ired days (June 2007) Cost % of per capita inco me (June 2007) Number of procedu res (June 2007) Time requi red days (June 2007) Number of procedur es to build a warehou se (June 2007) Time require d to build a wareho use days (June 2007) Rigidity of employ ment index 0- 100 (least to most rigid) (June 2007) Number of procedu res (June 2007) Time requi red days (June 2007) Disclosur e index 0- 10 (least to most disclosure ) (June 2007) Time to resolve insolvency years (June 2007) Rwanda916171.5537116227422431022.8 Saudi Arabia 71532.34418125134463573 Senegal1058107611414217614478062.7 Serbia11238.9611120204463663572.6 Sierra Leone 926 1,075. 20 823547235514051530.8 Singapore550.83911102022120104 Slovak Rep. 9254.231713287363056532 Slovenia9608.56391152086332 1,35 0 32 Somalia.. South Africa 8317.162417174423060082 Business environment: Doing Business indicators Cont…..

39. Countries Starting a business Registering property Dealing with licenses Employing workers Enforcing contracts Protecting Investors Closing a business Number of procedur es (June 2007) Time Required days (June 2007) Cost % of per capita income (June 2007) Number of procedur es (June 2007) Time requir ed days (June 2007) Number of procedur es to build a warehou se (June 2007) Time required to build a warehou se days (June 2007) Rigidity of employme nt index 0- 100 (least to most rigid) (June 2007) Number of procedur es (June 2007) Time require d days (June 2007) Disclosure index 0-10 (least to most disclosure) (June 2007) Time to resolve insolvenc y years (June 2007) Spain104715.141811233563951551 Sri Lanka5398.58832221427401,31841.7 Sudan103957.9691927136538100 Swaziland136138.711461393174097202 Sweden3150.6128116393050862 Switzerland6202.141614154173241703 Syrian Arab Rep. 134355.743421128375587264.1 Spain104715.141811233563951551 Tajikistan134939.663732191513429503 Tanzania122947.11011921308633846233 Thailand8335.622111561835479102.7 Timor-Leste98211.9 2220834511,8003 Togo1353245.7529515277544158863 Trinidad and Tobago 9430.98162202617421,3404 Business environment: Doing Business indicators Cont…..

40. Countries Starting a business Registering property Dealing with licenses Employi ng workers Enforcing contracts Protecting Investors Closing a business Number of procedur es (June 2007) Time Requi red days (June 2007) Cost % of per capita incom e (June 2007) Number of procedur es (June 2007) Time requi red days (June 2007) Number of procedu res to build a wareho use (June 2007) Time require d to build a wareho use days (June 2007) Rigidity of employ ment index 0- 100 (least to most rigid) (June 2007) Numbe r of proced ures (June 2007) Time requir ed days (June 2007) Disclosur e index 0- 10 (least to most disclosure ) (June 2007) Time to resolve insolvency years (June 2007) Tunisia10118.35492093493956501.3 Turkey6620.76625188423642083.3 Turkmenistan.. Uganda182892132271614333853522.2 Ukraine10277.8109329429453035412.9 United Arab Emirates 116236.93621125205060745.1 United Kingdom 6130.822119144730404101 United States660.7412194003230071.5 Uruguay11444686630234314072032.1 Uzbekistan71514.2127826260344219544 Venezuela, RB 1614128.284711395792951034 Business environment: Doing Business indicators Cont…..

41. Countries Starting a business Registering property Dealing with licenses Employing workers Enforcing contracts Protecting Investors Closing a business Number of procedur es (June 2007) Time Requi red days (June 2007) Cost % of per capita incom e (June 2007) Number of procedure s (June 2007) Time requir ed days (June 2007) Number of procedu res to build a wareho use (June 2007) Time require d to build a wareho use days (June 2007) Rigidity of employmen t index 0- 100 (least to most rigid) (June 2007) Nu mb er of pro ced ure s (Ju ne 200 7) Time requir ed days (June 2007) Disclosur e index 0- 10 (least to most disclosure ) (June 2007) Time to resolve insolvenc y years (June 2007) Vietnam11502046713194273429565 West Bank and Gaza 1292280.410722119931447006 Yemen, Rep.1263178.862113107333752063 Zambia63330.567017254343547132.7 Zimbabwe109621.343019952333841083.3 Source: World Bank Business environment: Doing Business indicators

42. CONCLUSION Basic aspects of SMEs Development Strategies: –Determining the desirable outcome and level of SMEs development. –SMEs should promote collaborations, regional cooperation, joint ventures and integrations between the various geographical regions of Muslim World. They must not lead the segmentation or isolation of Muslim societies. –SMEs must not compete with the MNCs and transnational corporations. The importance of transnational and big corporations should not be undermined. They are important inseparable requirement of the R & D activities, innovations, inventions, technological advancement and macroeconomic development. SMEs should work as corresponding part of the big corporations and as engine of growth.

44. Private sector in the economy Investment commitments in Infrastructure projects with private participation" Countries $ millions TelecommunicationsEnergyTransport Water and sanitation 1995-992000-061995-992000-061995-992000-061995-992000-06 Afghanistan..747.5..1.6.. Albania..569.20789.00..308..8 Algeria..4,124.50..2,720.00..120.9..510 Angola..528.7..54.4..55.. Argentina10,498.606,859.8012,931.905,642.106,892.10522.23,307.10791.6 Armenia1,680.50317.1067..63..0 Australia.. Austria.. Azerbaijan122769.2..375.2.. 0 Bangladesh438.12,187.30554.9501.500.. Belarus20955.8500.. Belgium.. Benin..133.9..590.. Bolivia528594.32,777.30934.3168.716.6682.. Bosnia and Herzegovina0860.5..277.9.. Botswana97122.. Brazil45,135.2046,959.3034,196.8029,351.3017,195.004,060.702,137.001,215.30 Bulgaria202.52,641.10..3,566.10..533.7..152 Cont….. (Appendix-I)

45. Countries $ millions TelecommunicationsEnergyTransportWater and sanitation 1995-992000-061995-992000-061995-992000-061995-992000-06 Burkina Faso..331.95.6..63.3.. Burundi..53.6.. Cambodia102.4198.114388.1120325.3.. Cameroon12.7457.4..531.8900.. Canada.. Central African Republic1.10.. Chad237.4..0 Chile3,489.001,485.606,808.601,525.103,104.104,936.204,190.301,495.20 China5,970.008,548.0017,166.6010,847.0010,852.5020,347.40985.94,300.40 HongKong, China.. Colombia1,384.303,012.006,964.80695995.51,919.80233619.3 Congo, Dem. Rep.68547.4.. 0 Congo, Rep.12.271.8325.. 0 Costa Rica.. 301.2160..508.2.. Cote d'ivoire752.3147.9260.60241.3140.. Croatia9781,602.10368.57.1672.2451..298.7 Cuba..60165.. 0 600 Czech Republic6,178.508,996.00944.13,865.30283.7106.7135.5263.7 Denmark.. DominicanRepublic1634249791,306.60..1,148.90.. Ecuador696.4588.630431686.81,651.00..500 Egypt, Arab Rep.1,914.507,222.90700678123.9821.5.. Cont…..

46. Countries $ millions TelecommunicationsEnergyTransportWater and sanitation 1995-992000-061995-992000-061995-992000-061995-992000-06 EI Salvador610.51,282.10900.285.. Eritrea..40.. Estonia]628.2467.126.5..1298.4..115 Ethiopia.. Finland.. France.. Gabon8.426.6294046.7177.4.. Gambia,The..6.6..0 Georgia61493.8159134.5..168.5.. Germany.. Ghana491.1371.5376590..10..0 Greece.. Guatemala1,366.30836.11,223.2011033.8.. Guinea120.398.636.4.. 0 Guinea-Bissau..6.9.. Haiti1.51484.75.5.. Honduras51.3224.2112.1358.810.5120..207.9 Hungary6,430.205,798.103,812.102,090.601353,297.50205.80 India7,456.8027,912.607,182.7011,572.201,275.1011,365.70..2.1 Indonesia8,852.508,108,19,942.102,485,71,530.802,400,7955.236.7 Iran, Islamic Rep.28695..650.. Cont…..

47. Countries $ millions TelecommunicationsEnergyTransportWater and sanitation 1995-992000-061995-992000-061995-992000-061995-992000-06 Iraq..1,074.00.. Ireland.. Israel.. Italy.. Jamaica235.5701432790565.. Japan.. Jordan39.91,952.60.. 18200169 Kazakhstan1,633.501,788.901,825.00300.. 100 Kenya1932,053.00189116.753.4404.. Korea, Dem. Rep... Korea, Rep... Kuwait.. Kyrgyz Republic10047.4.. Lao PDR157.197.7535.52,050.0000.. Latvia600.9817.410671.175135.. Lebanon485.7138.1.. 153..0 Lesotho15.793.9..0 Liberia..80.8.. Libya.. Lithuania832.71,112.0010399.3.. Macedonia, FYR..808.6..391.. Cont…..

48. Countries $ millions TelecommunicationsEnergyTransportWater and sanitation 1995-992000-061995-992000-061995-992000-061995-992000-06 Madagascar3012.6..0 48.5.. Malawi23.166.8..06 Malaysia4,187.603,770.801,610.206,840.608,200.104,992.40106,502.20 Mali..82.6..365.9..55.4.. Mauritania..92.1.. Mauritius..393109.3042.6.. Mexico10,757.5020,763.402,095.806,795.304,706.105,388.40276.5548.7 Moldova84.680.16025.3..0 Mongolia21.922.1.. Morocco1,240.006,715.105,978.001,049.00..3401,000.00.. Mozambique29138.6..1,205.80441334.625.5.. Myanmar4..394 50.. Namibia55.23541.. 0 Nepal..97.398.239.. Netherlands.. New Zealand.. Nicaragua24.5294.3232.4126.3..104.. Niger..85.5.. 3.4 Nigeria699,485.80..1,920.00..2,617.60.. Norway.. Oman..1,047.001831,364.3077.5473.8..0 Cont…..

49. Countries $ millions TelecommunicationsEnergyTransportWater and sanitation 1995-992000-061995-992000-061995-992000-061995-992000-06 Pakistan75.59,068.004,298.30800.7421.3322.. Panama1,429.20307.9669.2455.5994.651.425.. Papua New Guinea.. 65.. 71.. Paraguay259.3365.5.. 58.. Peru4,774.502,643.203,004.902,511.2086.31,537.50..152 Philippines5,358.305,235.306,998.004,275.201,364.001,260.507,567.20503.9 Poland6,403.1018,179.10628.12,352.70169.41,672.006.164.3 Portugal.. Puerto Rico.. Romania2,072.804,179.901002,065.6023.4.. 1,116.00 Russian Federation5,643.1027,700.402,281.301,726.00406253.4108938.5 Rwanda882.3..1.6.. Saudi Arabia.. Senegal273.9805.112493.3..55.4200 Serbia and Montenegro1,590.003,197.00.. 0 Sierra Leone788.8.. Singapore.. Slovak Republic488.52,993.90..4,459.60..42013.6 Slovenia.. Somalia013.4.. South Africa2,975.306,856.5031,261.201,386.403,987.7056.931.3 Cont…..

50. Countries $ millions TelecommunicationsEnergyTransportWater and sanitation 1995-992000-061995-992000-061995-992000-061995-992000-06 Spain.. Sri Lanka601.9938.2192.3270.8240.. Sudan18.31,454.00.. 30.. Swaziland21.227.7.. Sweden.. Switzerland..628.. Syrian Arab Republic..8.5.. 37.. Tajikistan1.2585.3..16.. Tanzania100.26,732.70150376.416.527.7..8.5 Thailand2,735.2006,550.404,693.302,001.10939246.3306.5 Timor-Leste..0 Togo500657.70.. Trinidad and Tobago146.719020739.. 0120 Tunisia..3,094.0026530.. Turkey3,269.7014,780.302,992.206,084.506104,160.60942.. Cont…..

51. Countries $ millions TelecommunicationsEnergyTransportWater and sanitation 1995-992000-061995-992000-061995-992000-061995-992000-06 Turkmenistan..36.3.. Uganda119.3387.6..125.7..40400 Ukraine1,094.604,028.10..160.. United Arab Emirates.. United Kingdom.. United States.. Uruguay63.7144.28633020251.1..368 Uzbekistan513.8385.6.. 0 Venezuela, RB4,877.904,428.0010339.5268342915 Vietnam256690435.52,279.00852038.8174 West Bank and Gaza265279.8..150.. 0 Yemen, Rep...647.6..15.8190.. Zambia64.2446.32773..15.6..0 Zimbabwe4692600..85.. Source: World Bank

52. Country Risk OVERALL RESULTS March Sept Country Overall score Political risk Econo mic perfor mance Debt indica tors Debt in default or resched uled Credit rating Access to bank finance Access to short- term finance Access to capital markets Forfait ing 20082007(100)(25) (10) (5) 11Luxembourg99.8825 10 5554.88 22Norway97.4724.6722.9310 5554.88 33Switzerland96.2124.7121. 6310 5554.88 44Denmark93.3924.5419.5810 5554.27 55Sweden92.9624.6818.410 5554.88 66Ireland92.3624.3918.0910 5554.88 710Austria92.2524.3618.0110 5554.88 89Finland91.9524.7617.3210 5554.88 98Netherlands91.9524.517.5810 5554.88 107United States91.2723.7417.5310 5555 11 United Kingdom 91.0224.3316.8210 5554.88 1213Germany90.3724.3616.1310 5554.88 1312Canada90.1724.3816.0610 5554.73 1417France89.6623.9115.8710 5554.88 15 Australia89.5924.1715.7510 9.795554.88 1614Iceland89.423.318.310 8.335554.47 1716Belgium89.3923.5116.4210 9.585554.88 1820Singapore87.6223.6914.8410 9.84554.534.73 Cont….. (Appendix-II)

53. March Sept Country Overall score Politica l risk Economi c performa nce Debt indicat ors Debt in default or resche duled Credit rating Access to bank finance Access to short- term finance Access to capital market s Forfaiting 20082007(100)(25) (10) (5) 19 New Zealand 87.1323.9813.710 9.585554.88 2018Japan87.0422.316.4910 9.17554.834.27 21 Spain86.3923.311410 54.8154.27 22 Italy84.2522.2514.3910 8.5454.8154.27 2325Hong Kong82.621.2414.3910 8.9154.234.574.27 2423Portugal82.4322.4711.3210 8.9654.8154.88 2526Slovenia81.1421. 7011.9210 8.9154.624.374.63 2627Greece80.2921.2311.6710 7.665554.73 2730Kuwait78.1419.3314.4210 8.2854.233.343.54 2832Malta77.4821.0710.2410 8.135553.05 2928Taiwan76.3919.8811.6310 7.81553.54 3029U.A.E.76.2919.5613.3110 8.4452.883.563.54 3133Cyprus75.8519.5511. 7810 8.1354.813.143.46 3224Bermuda74.2622.265.7910 9.3854.044.753.05 3334Bahamas7417.9512.6610 7.8154.233.293.05 3435Bahrain72.4418.2110.4710 7.0354.233.713.78 3531Qatar72.3719.228.2610 8.1354.234.183.35 36 S. Arabia71.1816.9510.4210 7.8154.043.433.54 Cont….. Country Risk: OVERALL RESULTS

54. Cont….. Country Risk: OVERALL RESULTS March Sept Country Overall score Political risk Economic performa nce Debt indicato rs Debt in default or resched uled Credit rating Access to bank finance Access to short- term finance Access to capital markets Forfaiting 20082007(100)(25) (10) (5) 3739Israel71.0617.3311.210 7.553.853.143.05 3837 Czech Republic 70.6720.2610.768.91107.19054.284.27 3947Oman70.1118.518.989.72107.0854.233.33.29 4038 Korea South 69.8718.6911.7110 7.3404.234.243.66 4143Hungary69.0418.128.686.81106.724.9154.184.63 42 Poland68.3218.369.288.34107.031.1754.514.63 4344Chile67.920.968.458.67107.290.763.273.864.63 4445 Slovak Republic 67.3719.259.888.59107.190.543.923.984.02 4541Barbados67.1717.189.0410 6.5653.462.883.05 4640Brunei65.2919.499.110 0552.434.27 4752Lithuania65.2717.918.787.7107.712.223.923.613.41 4853Botswana65.2219.867.999.83107.504.042.643.35 49 Malaysia63.819.438.339.38106.250.332.883.93.29 5046Estonia63.5818.369.337.91107.0803.963.43.54 5150Mexico63.5217.567.568.95106.250.184.044.334.63 5251 Trinidad & Tobago 63.2916.7110.779.68106.8803.652.962.64

55. Cont….. March Sept Country Overall score Political risk Economic performa nce Debt indica tors Debt in default or resche duled Credit rating Access to bank finance Access to short- term finance Access to capital markets Forfaiting 20082007(100)(25) (10) (5) 5348Latvia62.7617.778.136.24106.563.123.923.483.54 54 China60.4816.627.339.78107.190.072.123.613.78 55 South Africa 60.4616.767.529.38105.780.13.084.313.54 56 Croatia59.6215.459.017.01105.831.972.773.314.27 5760Thailand58.1916.386.759.19105.780.573.083.153.29 5859Bulgaria58.1616.217.88.05106.040.962.073.014.02 5958India57.7816.686.639.08104.530.123.083.54.15 6063Romania57.3915.347.548.36105.310.752.193.264.63 6157Russia56.6314.067.659.239.786.040.362.123.623.78 62 Tunisia56.5316.216.798.33105.3102.883.223.78 6366Brazil56.3116.756.958.05103.960.363.083.633.54 6461Mauritius56.2616.776.779.08105.630.023.272.52.24 6564Kazakhstan54.5712.976.916.73105.4251.682.813.05 6665Morocco54.2815.345.999.03104.380.092.693.233.54 6770 Antigua & Barbuda 52.5914.0810.110 052.311.10 6869Egypt52.1413.775.879.29104.2202.313.393.29 6968Tu rkey51.9513.466.697.53102.811.082.883.474.02 7071Panama51.8814.377.267.89104.380.332.882.542.24 7173Colombia50.913.785.878.26103.750.243.082.883.05 Country Risk: OVERALL RESULTS

56. Cont….. March Sept Country Overall score Politica l risk Econo mic perfor mance Debt indicat ors Debt in defaul t or resche duled Credit rating Access to bank finance Access to short- term finance Access to capital market s Forfaiting 20082007(100)(25) (10) (5) 7275Peru50.41l3.516.468.98103.750.112.122.443.05 7367Costa Rica49.9715.516.559.12103.540.120.962.71.46 74 Jordan49.2914.255.958.488.773.5402.52.982.8 7582Azerbaijan48.0511.176.629.72104.380.011.782.391.98 7680Ukraine47.6411.926.868.7102.51.351.542.462.32 7778Philippines47.4713.25.798.56102.660.071.922.952.32 7876Vietnam47.3113.14.899.29102.8101.833.072.32 7983 Macedonia (FYR) 47.2411.26.848.88103.750.421.782.052.32 8079Algeria46.8913.857.479.351000.042.121.752.32 81 Indonesia46.7612.085.818.53102.660.191.9232.56 8284Guatemala46.6311.56.29.43103.5402.691.81.46 8377EI Salvador46.5211.514.648.67103.960.232.882.52.13 8472Macau46.1619.2910.45007.8103.462.093.05 8592 St Vincent & the Grenadines 44.1813.716.117.98103.1301.921.330 8685Uruguay43.9913.286.355.81102.502.692.291.07 87114Albania43.959.736.799.289.823.750.011.781.551.22 8887Serbia43.5411.186.158.59102.500.961.722.44 8990Ghana42.9712.014.129.179.91.8802.122.311.46 9093 Dominican Republic 42.7311.295.49.15101.880.131.831.631.42 Country Risk: OVERALL RESULTS

57. Cont….. March Sept Country Overall score Politic al risk Econo mic perfor mance Debt indicat ors Debt in default or resche duled Credit rating Access to bank finance Access to short- term finance Access to capital market s Forfaiting 20082007(100)(25) (10) (5) 91109Argentina42.5812.56.137.84101.560.120.771.572.07 9286St Lucia42.4813.846.698.5410002.121.30 93103Armenia42.3110.795.689.04103.440.271.541.570 94104Honduras42.2510.524.948.899.892.50.132.881.580.91 95117Mongol ia4211.834.558.939.912.290.011.921.950.61 96128Gabon41.8410.956.298.6102.500.961.930.61 9788Sri Lanka41.839.25.319.01101.8802.212.152.07 9889Pakistan41.098.495.29.06102.080.021.922.252.07 99112Mozambique40.8312.943.998.79101.5601.831.130.61 10097Cape Verde40.812.943.848.7101.8802.690.750 10191Jamaica40.7111.124.977.64101.880.412.312.380 102IIILesotho40.6212.53.549.09102.50 0.50 103113 Papua New Guinea 40.4811.294.579.24102.0801.730.960.61 104115Bhutan40.4114.765.238.3810001.730.30 105119Nigeria40.398.134.979.729.992.501.682.251.14 106107 Bosnia- Herzegovina 40.278.856.048.6102.50.041.9202.32 107135Belarus40.016.356.639.49102.50.130.581.283.05 10894Seychelles39.9610.489.16.989.921.2501.350.880 10995Maldives39.8714.694.668.119.68001.920.80 Country Risk: OVERALL RESULTS

58. Cont….. March Sept Country Overall score Politic al risk Econo mic perfor mance Debt indicat ors Debt in default or resche duled Credit rating Access to bank finance Access to short- term finance Access to capital markets Forfaiting 20082007(100)(25) (10) (5) 110130 Equatorial Guinea 39.639.127.779.8810002.120.750 111129Uganda39.5811.13.999.55101.2501.920.751.02 11296Senegal39.3512.323.889.128.491.880.041.730.881.02 113118Venezuela39.37.875.929.35102.2900.771.881.22 114127Yemen39.199.954.269.46100.6301.781.591.52 115120Tanzania39.0512.543.869.1610001.541.330.61 116126Cameroon38.49.434.089.359.71.250.022.121.860.61 117105Kenya38.389.824.039.238.951.8801.83 0.81 118106Vanuatu38.3314.162.279.2810002.120.50 119122Syria38.289.975.669.5210000.771.590.76 12099Fiji38.228.215.59.58102.501.920.50 121 Paraguay38.099.754.38.9100.940.092.311.20.61 122108Swaziland3810.913.339.5910002.880.380.91 123100Tonga37.9113.032.689.1510002.120.940 124149Grenada37.8711. 627.877.358.730.6300.770.90 12598Iran37.657.296.19.71101.8801.0610.61 126125Georgia37.328.644.618.99.732.190.071.31.270.61 127116Lebanon37.037.415.737.21100.7801.732.481.68 128133Turkmenistan36.547.84.599.38101.8801.2810.61 Country Risk: OVERALL RESULTS

59. Cont….. March Sept Country Overall score Political risk Economic performa nce Debt indicat ors Debt in default or resche duled Credit rating Access to bank finance Access to short- term finance Access to capital markets Forfaiting 20082007(100)(25) (10) (5) 129102Dominica36.3412.176.147.237.98001.920.90 130131Angola36.328.086.029.4610000.581.380.81 131136 Burkina Faso 36.289.742.859.12101.2502.210.50.61 132138Zambia36.210.164.068.451000.231.351.250.71 133124Bangladesh36.118.574.529.2310001.830.861.1 134 Mali36.089.993.579.27100.9401.540.170.61 135110Samoa35.9414.253.815.5110001.920.440 136132Benin35.829.872.549.33101.2501.540.380.91 137139Cambodia35.639.723.138.95101.8800.581.380 138141Djibouti35.5810.953.728.6810001.730.50 139145 Madagasca r 35.2810.232.578.83101.2500.771.630 140123Belize34.7410.344.826.76101.2500.5810 141146Moldova34.598.284.098.28.290.630.761.31.221.83 142137Uzbekistan34.416.824.098.910001.32.081.22 143 Nepal34.37.394.329.1110001.920.940.61 144140Bolivia34.077.264.328.66100.830.091.061.250.61 145148Niger33.78.572.949.1310001.731.330 146144Ecuador33.667.524.528.11100.310.40.581.420.81 147150Ethiopia32.9882.779.1910001.060.751.22 Country Risk: OVERALL RESULTS

60. March Sept Country Overall score Political risk Economic performan ce Debt indicato rs Debt in default or resched uled Credit rating Access to bank finance Access to short- term finance Access to capital markets Forfaiting 20082007(100)(25) (10) (5) 148155Mauritania32.149.743.177.6610000.580.380.61 149166Gambia3210.343.066.7510000.960.880 150152Nicaragua31. 927.613.567.95100.6301.350.830 151159 Cote d'ivoire 31.896.813.788.2210001.351.130.61 152157Togo31.499.712.588.2410000.580.380 153172 Kyrgyz Republic 31.288.323.347.859.8700.370.580.960 154147Guyana31.188.744.066.9110000.580.90 155162Chad30.96.713.118.6510000.580.631.22 156 Sudan30.845.733.718.610000.580.71.52 157158Rwanda30.67.561.549.369.210.6301.920.380 158142Laos30.438.991.897.791000.180.5810 159164C. African30.247.823.018.3310000.580.50 160161S. Leone29.817.442.887.699.85000.581.380 161154Myanmar29.7154.079.710000.580.360 162151Namibia29.2214.235.76004.3801.731.91.22 163165Congo28.957.023.57.498.95000.3810.61 164101N. Ca led.28.8518.838.4200001.150.440 165163Tajikistan28.5971.659.021000.040.580.30 Country Risk: OVERALL RESULTS Cont…..

61. March Sept Country Overall score Political risk Economic performa nce Debt indicat ors Debt in default or resche duled Credit rating Access to bank finance Access to short- term finance Access to capital markets Forfaiting 20082007(100)(25) (10) (5) 166168Haiti28.143.763.849.2610000.580.70 167171S.T. &Principe27.829.033.233.1710000.771.630 168167Guinea27.326.342.37.3610000.580.750 169170Libya26.3912.858.3300001.761.51.95 170175G. Bissau25.67.372.024.8810000.580.750 171169Eritrea24.555.1607.9210000.580.290.61 172173Burundi23.665.860.854.62101.2500.580.50 173153Suriname22.0611. 707.33002.0800.580.380 174160Malawi22.018.182.148.8400.6301.540.380.3 175174S. Islands21.218.260.78010001.730.440 176 Micronesia19.0313.843.9800000.770.440 177 Zimbabwe18.920.560.076.9710000.191.130 178179Zaire18.894.482.98010000.580.860 179178Liberia16.934.581.78010000.190.380 180181Cuba14.823.855.75003.4400.580.60.61 181180M. Islands13.619.833.41000000.380 182 Somalia13.3202.37010000.580.380 183 Iraq6.111.743.2200000.190.950 184185North Korea6.010.294.500000.580.640 185184Afghanistan5.451.713.4600000.190.080 Source: EUROMONEY Country Risk: OVERALL RESULTS

62. Business Support Network in Pakistan (Appendix-III)

63. SME Policy Recommendations SME Development Vision SME led economic growth resulting in poverty reduction, creation of jobs and unleashing the entrepreneurial potential of the people of Pakistan (Appendix-IV)