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The MSME Sector At a Glance


This At A Glance” discusses the important role of micro, small, and medium enterprises (MSMEs) in developing the Philippine economy. MSMEs help reduce poverty by creating jobs for the country’s growing labor force and stimulate economic development in rural and far-flung areas. They serve as valuable partners to large enterprises as suppliers and providers of support services and serve as a breeding ground for new entrepreneurs and large corporations. Despite policies that aim to provide an enabling environment for MSME development, the sector still faces various constraints that prevent it from realizing its full growth and potential. The brief provides a sector profile of MSMEs in the Philippines, including their classification by asset size and number of employees, distribution by industry, and contribution to employment and value-added. 


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