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Toby Johnson
Toby Johnson
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Challenges and opportunities implementing financial engineering measures in Lithuania 201 1 - 01 -1 9 Ramūnas Dilba Ministry of Finance of Republic of Lithuania
Microfinance: Key principle OR
Policy targets and implementation
Building entrepreneurship ,[object Object],[object Object],Entrepreneurship culture Consulting Legal Regulation Taxes Financing
Previous financial engineering initiatives ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
 
Lessons ,[object Object],[object Object],[object Object],[object Object],[object Object]
Opportunities ,[object Object],[object Object],[object Object],[object Object]
Chall e nges ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Thank you for attention!

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Editor's Notes

  1. SME – 99,4 % of all enterprises (74,2% micro enterprises) Dynamics of SME’s star t- ups (2008 dropdown by 15,8% in comparison with 2007) Most popular way of creating business is establishment of new company (2009 – 90,8%) About 20% of SME’s are family business Most popular No. of employees were 2-9
  2. Greater need to extend measures and analyse it’s impacts.
  3. This is great EC start to talk about context of SME, because only seeing the system makes possible to combine all support meassures: Tax conssesions were among top for support. Not to over-support (garantees+interest rate rebate+tax cuts Dabar yra šios lengvatos: Pelno mokesčio tarifas yra 5 % (o ne 15), kai įmonėje dirba ne daugiau kaip 10 darbuotojų ir pajamos per metus yra mažesnės nei 500 000 Lt. PVM mokėtoju neprivaloma registruotis jei per 12 mėn apyvarta neviršija 100 000 Lt ribos.
  4. I will explain key actors, financing schemes and support Enterpreneurship, SME support is horizontal policy
  5. Paslaugu sritis yra pagrindine mikro-finansavimui. Socialine ekonomika (darbo vietu kurimas) Nera korelaicijos tarp issilavinimo ir savarankisko isidarbinimo