PM directs to take inexorable steps for uplift of SMEs

Prime Minister Imran Khan on Thursday instructed the concerned authorities for the accomplishment of the targets set for the uplift of small and medium enterprises (SMEs).

According to the details, Prime Minister Imran Khan chaired a meeting of the National Coordination Committee on SMEs.

He said that country’s all economic indicators were on a positive trajectory and the promotion of SMEs was a must to bring further improvement.

Federal ministers Abdul Hafeez Shaikh, Hammad Azhar, SAPM Usman Dar, Board of Investment chairman, federal secretaries of industries, commerce, finance, energy, petroleum and law, Chairman of Federal Board of Revenue, deputy governor of State Bank, Commissioner Securities and Exchange Commission of Pakistan, CEO SMEDA, managing director of Public Procurement Regulatory Authority and senior officers attended the meeting.

The prime minister said that the SMEs were a key component of the economy and their empowerment would help strengthen the economic outlook and create employment opportunities.

The meeting was told that the government was in consultation with all the stakeholders to extend financial support to SMEs for which a special fund would also be created.