Strategies to encourage the development of SMEs in MENAP have attempted to be comprehensive by lowering barriers to business entry, growth, and departure. Many countries attempted to improve the business climate by reducing the time and expenses of launching a firm, notably by establishing one-stop shops and online platforms, as well as by lowering capital requirements. To encourage the expansion of the SME sector, policymakers provided incentives for banks to lend to SMEs and non-bank funding sources to improve access to finance.