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Om TedMetcalfe

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Adjusting technical help to meet the difficulty

As COVID-19 relocations from a health crisis to a financial crisis, we are attempting to expect how small services around the world will weather this storm and where we require to focus our efforts.

LCGC works with micro, small and medium-sized business (MSMEs), primarily in the establishing world. The normal little company we work with employs between 10 and 20 people, is close to or is already export-ready, and wishes to grow worldwide. These MSMEs represent 60% -70% of jobs in developing nations and around half of economic activity ¹. Additionally, they tend to employ youths and females.

It is still prematurely to approximate how deeply the pandemic will affect our core constituency. Little businesses are currently or will soon face a liquidity crisis, which could eliminate entire sections of the economy. In the next few months, they will deal with a series of challenges that will depend, to a large degree, on how policymakers respond to the crisis today.

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