No. Indicative action Expected outputs Priority level Potential support by: Related strategies 8.1.2 Broaden the scope of foreign invested banks should improve SME access to credit once these measures have been implemented. Diversified products and increased competition benefits the entrepreneurs, e-commerce vendors, marketplaces, while costs of access to finance decreases Medium MCB, CBM, Commercial Banks, ADB, IFC MSDP Strategy 2.1 Effectively manage the exchange rate and balance of payments 8.1.3 Banks to invest in training dedicated staff in digital economy, tech start-up finance needs and business operations Improved understanding of the digital economy, startups and e-commerce in the banking and MFI sector Medium MCB, CBM, Commercial Banks, ADB, IFC Goal 8.2: Micro-entrepreneurs have been financially digitalized 8.2.1 Accelerate measures to improve financial inclusion, especially for youth and women, by encouraging banks to develop products and allowing PSPs to offer innovative products. Diversified cashless payment and financing solutions (e.g. micro-savings by fintech and banks) available to all segments of population, based on financial means. Medium MoPF, CBM, MCB, CBM CBM, IFC, ADB 8.2.2 Provide technical assistance and financial literacy training to firms (especially to MSMEs) in order to enhance their capacity to develop and present bankable proposals. MSMEs wishing to move products and services offering online have the capacity to successfully apply for a loan and effectively utilize loans for the growth of their businesses. Medium UNCDF, IFC, MoPF, MoI, CBM, IFC, ADB 8.2.3 Implement a mechanism for cash flow financing of e-commerce merchants: enable advance payment to be received by small merchants on receipt of order. Cash flow financing facility are available to formalized businesses Medium UNCDF, IFC, MoPF, Commercial Banks, Fintech Goal 8.3: Venture capital and risk capital are the main source of financing for e-commerce and tech start-ups 50