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SMEs in Pakistan facing ‘unprecedented crisis’, experts warn
Summary by Business Recorder
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SMEs in Pakistan facing ‘unprecedented crisis’, experts warn
The small and medium enterprises (SMEs) in Pakistan are currently facing an “unprecedented crisis”, with high electricity and utility prices increasing the cost of doing business and making operations “unsustainable” for many SMEs, experts have warned. “Many units are operating below capacity or are close to shutdown as production costs can no longer be absorbed or passed on to the market,” SME sector expert Syed Raza Hussain said while talking …
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