Govt Asks State Bank to Address SME Credit Crisis

Govt asks State Bank to address SME credit crisis

The government on Saturday directed the State Bank of Pakistan (SBP) to resolve the credit crisis being faced by small and medium enterprises (SMEs) as they need financing to sustain their operations as well as give a fresh push to their businesses. Representatives from the medium-sized enterprises have called for a shift from the normal tax regime to the fixed tax system, citing the need for a simpler and more predictable taxation framework. Ex…

SAPM Haroon engages Sialkot SMEs to discuss sector challenges

Special Assistant to the Prime Minister (SAPM) on Industries and Production Haroon Akhtar on Saturday held a meeting with representatives of the Sialkot Small and Medium Enterprise (SME) Cluster and discussed challenges facing micro, small, and medium enterprises. The meeting was attended by the Additional Secretary for Industries and Production Mr. Asad Islam Mahni, the Acting CEO of SMEDA Nadia J Seth, and representatives of the Sialkot Chambe…

SMEDA, SBP Ordered to Resolve SME Credit Access Crisis - Global News Pakistan

*Transform SMEs into Dollar Earners, SAPM Haroon Akhtar Directs SMEDA Islamabad : SAPM Haroon Akhtar Meets Sialkot Small & Medium Enterprise ClusterFocus on SME Challenges, Tax Regime Reform, Energy Costs, Banking Support, and Export Competitiveness Special Assistant to the Prime Minister (SAPM) on Industries & Production, Haroon Akhtar, held a detailed meeting with the Sialkot Small and Medium Enterprise (SME) Cluster. The meeting was attended …