Socio-Economic Impact Assessment of COVID-19 in Timor-Leste, Round 2, 2021 Micro, Small and Medium Enterprises (MSME) Survey in Timor-Leste
The global economic downturn due to the COVID-19 pandemic is having a disproportionate impact on low-income and emerging economies. Timor-Leste experienced the largest GDP contraction since its independence, significantly worse than the income loss during the 2006 civil unrest, and the 2017 political deadlock.
The aim of the assessment is to inform the economic recovery responses and policy decisions to support the private sector and MSMEs in Timor-Leste. The scope of the MSME survey was:
• To assess the impact of COVID-19 on operations and outlook of formal and informal MSMEs
• To assess the impact of COVID-19 on MSME employees
• To assess the impact of government measures on MSMEs
• To provide in-depth analysis of the impact on MSMEs by different stratification
• To provide policy recommendations to effectively support business continuity of MSMEs through the pandemic and its challenges.
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