Cabo Verde government creates National Council for SMEs

16 November 2015

Cabo Verde’s (Cape Verde’s) new National Council for the Development of Micro and Small Enterprises is intended to be an institutional consultative forum and for promotion of public policies to improve the business climate, the Cape Verdean press reported.

The Council, created last week by the Cabo Verde government in a cabinet meeting will implement development measures in line with sectoral plans and programmes, and propose to the relevant bodies to adopt measures needed to drive, coordinate and assess the policy to support micro and small businesses.

The opinions or recommendations issued by the Council in the exercise of its powers, will be forwarded to the government official responsible for the development of the private sector.

The law that created the Council also allows for decentralised sectoral structures and for each Municipal Council to create a council for development of micro and small enterprises to promote local development. (macauhub/CV)