A large number of MSMEs are ancillary units catering to the needs of large industries, both in the public and private sector. They often face the problem of delayed payments, affecting their cash flow and working capital availability.
2 The Bank’s view on recent economic and financial developments, determined by the Policy Board at the Monetary Policy Meeting held on February 12, as the basis of monetary policy decisions. 1  BIS Review 18/1999  In the financial markets, the Japan premium and Euro-yen interest rates (both on three-month contracts) remain stable despite the approach of the fiscal year-end.