Enhanced flexibility has the advantage of enabling market economies to adjust automatically and not having to rest on policymakers' initiatives, which often come too late or are misguided. Such views, which echo Jean Baptiste Say in some ways, clearly have been paramount in a renewed twenty-first century appreciation of Adam Smith's contributions.
This program therefore directly addresses the MSME’s lack of collaterals. In other words, the program will democratize access to bank credit and help level the playing field for our MSMEs. Ito pong Credit Surety Fund ang magiging susi ng ating MSMEs para maka-utang sa mga bangko. At the heart of this program is the spirit of “BAYANIHAN”.