You are here
2013-2017 - Private Sector Development Strategy
A vibrant private sector1 is the engine of growth which generates decent jobs and creates increased opportunities for more inclusive and green growth. While government can empower poor people through regulation, funding and providing public goods, private initiative can also provide services and generate muchneeded employment. A large and formal private sector can also be a strong advocate for policy reform and a force for good governance, establishing a virtuous circle in which an improving business environment brings private sector growth, which in turn strengthens governance reforms.