Mapping of Barriers & Opportunities
The Mapping of Barriers and Opportunities study explores the challenges that SMEs face in transitioning from informality to formality. It examines structural barriers such as lack of awareness, limited access to finance, high compliance costs, and weak institutional support.
The report also identifies opportunities to foster inclusive growth by enabling SMEs to integrate into formal value chains, access new markets, and benefit from productivity-enhancing measures. By highlighting both constraints and opportunities, the mapping provides practical insights to guide policymakers, institutions, and businesses in promoting formalization strategies.
This work serves as an important knowledge resource for designing interventions that address informality while ensuring that SMEs remain competitive and resilient in the evolving economic landscape.