Govt aims for 17% SME credit share by 2028, says Finance Minister

Finance Minister Muhammad Aurangzeb outlines plans to expand SME finance, with new policies to enhance access to credit and support sector growth.

Govt to restructure SMEDA, set five-year targets, boost private sector role

Restructuring aims to increase private sector participation, enhance SME financing, and boost exports by $153 million over three years
SMEs

Govt approves 10-20% risk coverage for SME financing

Scheme aims to double the outstanding financing to SMEs to Rs1.10 trillion over the next five years, starting July 1, 2024.

National Credit Guarantee Company launched to bolster financial accessibility for SMEs

NCGCL will prepare financial products for 1.5 million SMEs

Amazon eyes expansion in Pakistan, eager to capture e-commerce market

Amazon officials have also ensured that every effort would be made to make the process of selling on Amazon easy for Pakistani nationals.

Committee recommends 20% income tax rate on SME sector

The suggested tax regime offers huge incentives to SME firms and offers to levy 20% income tax rate compared to 29% for the bigger entities in the tax year 2018

Shopkeepers’ scam adds fizz to profits

Retail prices of Coke and Pepsi remain unnoticed while retailers overcharge consumers day in, day out by as much as 40 percent – making millions over the top, apparently unnoticed

PRGMEA shows concerns over duty drawback of taxes 2017-18 

KARACHI: Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Chairman Central, Shaikh Mohammad Shafiq has expressed grave concerns about the decreasing trend...

Promotion of SMEs top on SBP agenda: Tariq Bajwa

SIALKOT: State Bank of Pakistan (SBP) Governor Tariq Bajwa has said that adequate efforts were being made for the promotion of SME sector in...

PTDC, STFP announce support for Pak-UAE Property Show 2018

ISLAMABAD: Pakistan Tourism Development Authority (PTDC) and Sustainable Tourism Foundation Pakistan (STFP) have announced support for the premier show for property, builders, and...

Lack of financing hurting SME growth: SBP 

KARACHI: The decline in the availability of credit has "significantly hampered" the growth of small and medium enterprises (SMEs) during the last...