Regulatory reforms, add’l cost-based incentives for SMEs soon
Pakistan's Federal Minister for Economic Affairs Ahad Cheema announced upcoming regulatory reforms and cost-based incentives to support small and medium enterprises (SMEs). The initiative aims to move away from protectionist policies toward a modern, export-oriented economic model.
Why it matters
Strengthening the SME sector is critical for Pakistan's industrial growth and its ability to compete in international export markets.
ISLAMABAD - Federal Minister for Economic Affairs Ahad Cheema on Friday said the government will soon introduce regulatory reforms and additional cost-based incentives for SMEs. The minister chaired a meeting to review the roadmap of the Ministry of Industries and Production, with a special focus on strengthening the small and medium enterprises (SMEs) sector to accelerate industrial growth and enhance Pakistan's export potential. The meeting was attended by Special Assistant to the Prime Minister (SAPM) on Industries and Production Haroon Akhtar Khan, Secretary Industries Saif Anjum, Chief Executive Officer of SMEDA, and senior officials.
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