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Question: EFFECTIVE SOLUTIONS FOR SUPPORTING MSMEs RECOVERY & RESILIENCE: The Experience of Malaysia

Answer: Background and Rationale

Micro, Small, and Medium-sized Enterprises (MSMEs) are the backbone of the global
economy, making up over 90% of the firms worldwide, MSMEs contribute to around 70% of
total employment and half of GDP in most economies.

(Refer link for further information)

(Source: Islamic Development Bank, 03 May 2025)

Source Link: https://www.isdb.org/sites/default/files/media/documents/2022-08/IsDB_Booklet%20MSMEs.pdf