PM Shehbaz Orders More Financial Support for Small Businesses

Prime Minister Shehbaz Sharif on Wednesday directed the Small and Medium Enterprises Development Authority (SMEDA) to provide more financial backing to small and medium-sized businesses and entrepreneurs throughout Pakistan.

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• The prime minister remarked the strategy should cover more regions and sectors and ensure equal access to business incentives, facilities and technical assistance nationwide.
• Shehbaz additionally called on a dedicated strategy to strengthen production and commercial links for agricultural commodities.
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For context, the prime minister remarked the strategy should cover more regions and sectors and ensure equal access to business incentives, facilities and technical assistance nationwide. PIMS Hospital Fails 60% Performance Audit.

He additionally ordered the expansion of SMEDA programs aimed at increasing the participation of women in small and medium-sized businesses. SMEDA was directed to create better apply of digital platforms to support local businesses access national and international markets.

He remarked equal attention should be given to financial backing, improving the technical skills of entrepreneurs and providing necessary business facilities.

For context, the session was informed that SMEDA was working with relevant institutions on a coordinated strategy to strengthen SMEs, rise exports linked to small businesses and improve access to global markets.

Deputy Prime Minister and Foreign Minister Ishaq Dar, Federal Ministers Rana Tanveer Hussain, Azam Nazeer Tarar, Jam Kamal, Ahsan Khan Cheema and State Minister Bilal Azhar Kayani, along with other senior authorities, attended the gathering. Stay Connected with ProPakistani.

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Taken together, the developments around PM Shehbaz Orders More Financial Support for Small Businesses point to a situation that is still moving, and the coming days should bring more clarity.