Increased access to finance for SMEs
Channel: Saint Lucia Government
Date: 23/03/2021

Policy intervention number 24 of the Economic Recovery and Resilience Plan deals with supporting the business environment by fast-tracking legislation for increased access to finance. This benefits the financial sector and the average citizen by stimulating positive economic activity. It will also encourage lending institutions to be less risk-averse and bureaucratic in issuing loans as well as, better address the issue of non-performing loans.