PM orders doubling of SME financing to Rs2.2trn

PM Shehbaz directs doubling of SME financing to Rs2.2 trillion by 2028

PM orders doubling of SME financing to Rs2.2trn

ISLAMABAD: Prime Minister Shehbaz Sharif on Monday directed that the total value of loans for small and medium-sized enterprises (SMEs) be increased from Rs1.1 trillion to Rs2.2 trillion by 2028 to support business growth across Pakistan. Chairing a meeting on reforms at the Small and Medium Enterprises Development Authority (SMEDA), the prime minister said SMEs had immense potential to drive economic growth and stressed the need to empower entr…

Empowering Grassroots Economy: Pakistan to Expand Small Business Financing

ISLAMABAD: In a major push to strengthen the national economy and empower the entrepreneurial youth, the Government of Pakistan has taken a decisive step. Prime Minister Shehbaz Sharif has issued strict directives to double the volume and financing limit of easy loans for Small and Medium Enterprises (SMEs). Chairing a high-level meeting at the Prime […]

Small Businesses to Get Rs. 2.2 Trillion Loans by 2028

Prime Minister Shehbaz Sharif has ordered the government to double financing for small and medium-sized enterprises (SMEs) to Rs. 2.2 trillion by 2028, up from the current Rs. 1.1 trillion, to support business growth across Pakistan. Chairing a meeting on reforms at the Small and Medium Enterprises Development Authority (SMEDA) on Monday, the prime minister said small businesses had significant potential to drive economic growth. He stressed the…