Prime Minister Shehbaz Sharif has directed banks and financial institutions to provide small and medium enterprises (SMEs) with loans on easy terms. The move aims to strengthen SMEs, which are considered the backbone of Pakistan’s economy, and unlock their export potential.
During a high-level meeting, the government presented a three-year roadmap for SME development, highlighting strategies to address operational challenges, increase competitiveness, and integrate local SMEs into international trade networks.
The plan also includes workshops and training programs in six cities to enhance SME capabilities. Officials stressed that expanding financial access and capacity building will help SMEs thrive, generate employment, and drive Pakistan’s overall economic growth.
Related stories:
