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Long-lasting benefits promised by SME Act

Small and Medium-Sized Enterprises (SMEs) in the Bahamas will soon be able to compete globally because public and private executives have crafted the Bahamas Small & Medium-Sized Development Act (SME Act). The SME Act is likely to be legislated during the 2015 first quarter, and will stimulate economic growth while also mitigating the negative impact of future recessions on the Bahamian economy.