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At a Dhaka workshop jointly hosted by the SME Foundation and IFC, SME entrepreneurs demanded the effective implementation of the Secure Transactions (Movable Assets) Act 2023. They emphasized that most small businesses lack immovable property, making it difficult to access bank loans. Although the law allows movable assets like machinery and produce as collateral, proper enforcement and banker training are still lacking. The SME sector contributes 32% to GDP and employs over 25 million people, highlighting the urgent need for accessible financing options.

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