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PM Orders SMEDA to Draft Nationwide Strategy to Boost SMEs

The initiative signals a push to expand SME credit, deepen digital market access, increase women and youth participation, strengthen farm-to-market links

Overview

  • The prime minister instructed the Small and Medium Enterprises Development Authority to produce an integrated strategy that combines financial support, technical assistance and wider market access for small and medium enterprises.
  • The plan directs closer coordination with the State Bank of Pakistan and commercial banks to expand SME lending and to design dedicated credit products for small businesses.
  • Officials were told to widen SMEDA programmes for women and young entrepreneurs and to make greater use of digital platforms so local firms can sell to national and international buyers.
  • As part of the export push, the government is preparing roughly 700 Pakistani SMEs to attend 16 international events to showcase products and build trade links.
  • SMEDA was reminded to extend coverage across more regions and sectors and to create production-to-commercial linkages for agricultural commodities, a move intended to raise rural incomes and boost tradeable output.