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A stronger push on compliance, faster government services and better access to credit are central to plans to help small Barbadian businesses grow and compete internationally, Minister of Finance Ryan Straughn said on Friday.
As the WeBizBajan community financial literacy campaign launched, Straughn delivered a speech calling for greater collaboration between regulators, the private sector, and community-level entrepreneurs to drive sustainable economic growth.
The finance minister said the modern definition of a micro-business has evolved due to rapid technological advancements, enabling even the smallest operations to have a global footprint.
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