PM calls for SMEs capacity building to enhance profitability

ISLAMABAD: Prime Minister Shehbaz Sharif directed the authorities concerned to take measures for the capacity building of small and medium enterprises (SMEs) to enhance their profitability.

The prime minister, who chaired a meeting of the steering committee of Small and Medium Enterprises Development Authority, said that steps to boost SMEs exports was inevitable for national economy.

The prime minister, who was briefed about the strategy for uplifting the SMEs, called them the engine of national development and instructed the immediate operationalisation of the SMEDA Board.

Prime Minister Shehbaz highlighting the role of women in national economy, asked the authorities concerned to include women entrepreneurs in the decision making related to the SMEs.

He also called for raising the standards of export products at par with international practices and engage the experts of international repute to uplift the SMEs sector.

The prime minister was also briefed about the measures to make SMEs profitable, their access to easy loans, promotion of SMEs exports, facilitation of women in SMEs and their cohesion with the climate change.

It was told that climate change would be tackled by introducing technology of manufacturing textile products using the recycled material.

The government would assist the SMEs to have an access to easy loans to make them start new business.

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