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Spotlight: Public Sector Supply Chain Finance
When: February 20-21, 2024
Location: GTR MENA 2024
 

Dubai

People: Simon Cook

Simon Cook chaired a discussion titled "Spotlight: Public Sector Supply Chain Finance" at Global Trade Review’s (GTR) MENA 2024 in Dubai on February 20, 2024.

The MENA region’s large and expanding public sector infrastructure needs necessitate significant procurement activity, stimulating supply chains and subsequent extensive financing requirements. Various government initiatives and collaborations have been launched as a result of this, introducing new supply chain finance mechanisms to government suppliers with the aim of providing greater sources of liquidity.

This session considered the evolving role of public sector supply chain finance, from helping to speed up payment of receivables to reducing the cost of working capital for SMEs in particular, in support of the wider objective of long-term sustainable growth.

Simon led the discussion with Shaker Zainal, Chief Business Officer, Emirates Development Bank and Bhriguraj Singh, Chief Product Officer, GTRF, HSBC.

Further details are available here.