Islamabad, December 13, 2021 (PPI-OT): Adviser to the Prime Minister on Finance and Revenue Mr. Shaukat Tarin chaired a meeting to review SME Policy at Finance Division, today. Federal Minister for Industries and Production Makhdoom Khusro Bakhtiar, Adviser to PM on Commerce and Investment Abdul Razak Dawood, Secretary Finance, Secretary Commerce, Secretary I and P, Chairman FBR, Governor SBP, CEO SMEDA and senior officers attended the meeting.

Secretary Industries and Production briefed the meeting on proposed SME Policy and the concerns of stakeholders on key policy recommendations in regulatory and tax environment, SMEs access to finance, institutional strengthening of SMEDA and SME development fund. Proposed policy designed to increase its contribution to the economy.

The meeting deliberated in detail the concerns of all stakeholders to agree to the framework of the policy to reach consensus. Highlighting the importance of SMEs in the economic and social development of Pakistan, the Adviser said that the Government is keen to provide conducive environment to facilitate small and medium enterprise growth and ease of doing business. Further he emphasized to make SMEDA more effective and fully functional in order to cater the SMEs and increase the penetration of the regional SMEs across the country.

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