This is the seventh and last session of the webinar series: Formalization as a Pathway to SME Growth and Economic Resilience. It explores how informality functions as the dominant mode of doing business in Somalia, where most SMEs operate outside formal systems. It highlights practical entry points for formalization, focusing on simplifying procedures, reducing costs, and building trust between businesses and public institutions.
The discussion emphasises realistic and incremental approaches that support gradual transition over time.
Innovation Center – Digital Government Authority, Kingdom of Saudi Arabia
