The objective of IFC PEP-MENA’s Business-Enabling Environment initiative is to initiate and carry out targeted policy reforms designed to remove obstacles stifling private sector growth and to generate more private investment opportunities.
In most countries in the Middle East and North Africa, firms tend to be small and informal, due to a complex and unfriendly business environment, characterized by cumbersome laws, regulations, and administrative procedures that lack transparency. Investors are forced to spend substantial human and financial resources during the start-up and operation of their businesses, while settling commercial disputes is a lengthy and unpredictable process in many countries. With limiting international competitiveness, these factors make investors hesitant to commit their capital or to fully formalize their enterprises, impacting job and income opportunities through the private sector.
To address these constraints, IFC PEP-MENA’s Business-Enabling Environment initiative focuses on the following programs:
For additional information contact:
Frank Sader
Senior Operations Manager
E-mail:
fsader@ifc.org