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businessOfficialReported

Pakistan PM Directs SMEDA to Craft Financial Support Strategy for SMEs

Prime minister calls for expansion of programme boosting women's participation in small and medium enterprises, according to state-run APP.

· 1 min read · language: en
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APP (Pakistan)

Pakistan's prime minister has directed the Small and Medium Enterprises Development Authority (SMEDA) to formulate a comprehensive strategy for providing financial support to small and medium-sized enterprises (SMEs), according to a report by the Associated Press of Pakistan (APP).

The directive was issued as part of broader efforts to strengthen the SME sector, which is widely regarded as a key contributor to employment and economic activity in the country, APP reported.

The prime minister also instructed that an ongoing SMEDA programme aimed at increasing the participation of women in small and medium-sized industries and businesses should be expanded further, according to the report.

APP did not provide additional details on the timeline for the strategy's formulation, the specific financial mechanisms under consideration, or further particulars of the women's participation programme.

Sources

EGazette summarizes reporting from multiple sources; follow the links for the originals.

Also available in: ARFRTRUR

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