To support Sri Lankan women-owned businesses during COVID-19, the IFC-DFAT Women in Work program, in partnership with Women's Chamber of Industry and Commerce and Women’s International Foundation, designed an innovative training program helping women entrepreneurs scale up their operations. The 15-week virtual training program covered an array of modules including entrepreneurship, taxation, marketing, supply chain, digital finance and financial literacy. The program – aligned with the National Financial Inclusion Strategy, a multi-stakeholder effort led by the Central Bank of Sri Lanka with technical assistance from IFC – is part of IFC’s broader efforts to support financial inclusion in Sri Lanka.
The costs of hyperinflation laid bare in Zimbabwe as the economy is still struggling to come to terms with the economic nonsense of the Mugabe regime.
It seems remarkable that there's money to be made buying damaged banknotes, but it shows the extent to which hyperinflation has imposed significant costs on the whole economy.
It's also testament to the resilience and entrepreneurial skill of its people.