Key Takeaways
- Prime Minister Shehbaz Sharif directed Smeda to develop a strategy for SMEs.
- The strategy aims to provide financial support and expand market access.
- Special measures will be formulated to link agricultural commodities production.
Prime Minister Shehbaz Sharif has ordered the Small and Medium Enterprises Development Authority (Smeda) to develop a comprehensive strategy to support small and medium enterprises (SMEs) and entrepreneurs, aiming to enhance their capacity and market access.
At a meeting on the matter, the prime minister directed Smeda to ensure equal facilities and uniform technical support for SMEs across the country, with a particular focus on promoting entrepreneurship.
He also directed that the ongoing Smeda programme aimed at increasing women's participation in small and medium-sized industries should be expanded.
The prime minister emphasized the importance of using digital platforms to give local entrepreneurs access to both national and international markets, stressing that Smeda’s strategy should cover as many regions and sectors as possible.
He further directed that Smeda should formulate a strategy comprising special measures to organize production and commercial linkages of agricultural commodities.
The prime minister highlighted the need for equal attention to be given to financial support for entrepreneurs, enhancement of technical capacity, and provision of facilities.
The strategy will also focus on organizing production and commercial linkages of agricultural commodities, ensuring that these sectors benefit from the support measures.
Smeda is expected to play a crucial role in implementing these directives, ensuring that SMEs and entrepreneurs receive the necessary support to thrive and expand their businesses.
