The Parliament has passed the Factoring Regulation Bill that is expected to address delays in payment and liquidity problems of micro and small enterprises. I am sure that these  4  BIS central bankers’ speeches  measures will contribute in no small measure towards alleviating the extant constraints that plague this sector. Mobilising resources 27.
Certainly it will also be remembered as a year in which strong and coordinated policy efforts were undertaken to shield the real economy, financial markets and banking sectors around the globe from the most adverse effects of the global downturn.