Incomplete Step in Financing

The financial constraints on production, amid a banking network facing resource limitations and imbalances, have increased the necessity of using complementary tools. The Productive Credit Certificate (GAM) was designed to facilitate transactions in the production chain and finance enterprises through the capital market; however, trading limitations, high discounting costs, and a lack of incentive for the circulation of certificates have hindered the full realization of its objectives. The main question now is how to revive the market-oriented capacity of GAM and link its credibility to actual production activities?