Washington, D.C.–(ENEWSPF)–November 12, 2010. Today, President Obama, in partnership with Canada, the Republic of Korea, and the multilateral development banks, launched a global framework for financing the winning proposals of the G-20 SME Finance Challenge and other successful models. This framework provides a vehicle for interested donors and investors to support the businesses of the poor and near poor in developing countries. So far, $528 million has been committed to the framework.
The core of…
