PM Shehbaz Orders More Financial Support for Small Businesses

Pakistani Prime Minister Shehbaz Sharif directed the Small and Medium Enterprises Development Authority (SMEDA) to increase financial support for small and medium-sized businesses nationwide. The objective is to extend the strategy to more regions and sectors, ensuring all businesses receive equal incentives, facilities, and technical assistance.

SMEDA is also tasked with enhancing women's participation in these businesses. The prime minister emphasized utilizing digital platforms to help local enterprises access national and international markets. A dedicated strategy to bolster agricultural production and commercial links was also proposed. It was noted that SMEDA is collaborating with relevant institutions on a coordinated plan to bolster SMEs, boost small business exports, and improve global market access.

The meeting, attended by Deputy Prime Minister Ishaq Dar, Federal Ministers Rana Tanveer Hussain, Azam Nazeer Tarar, Jam Kamal, Ahsan Khan Cheema, State Minister Bilal Azhar Kayani, and other senior officials, addressed the need for equal attention to financial aid, entrepreneur skill development, and business facilities.