Wyly Wade

Tag: Percentage

Small business lending key to 6.5m new jobs in region each year

Considered the lifeblood of most economies, SMEs account for nearly 90 per cent of companies in the UAE and provide about 85 per cent of private-sector employment. The growing youth population means 270 million jobs are needed in the Mena region by 2050, estimates the IFC. To meet the target, 6.5 million jobs need to be created every…

‘UID enrollment low in posh areas’

There are two factors working here 1) that the goal of UID is to reach and enable the poor to access services but 2) that a lot of the wealthy in India do not want the system to be able to track all bank accounts and land transfers. Data sourced from BMC, the implementing agency for…

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