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PM expresses resolve to building business-friendly environment

Islamabad: Prime Minister Shehbaz Sharif has expressed firm resolve and assured entrepreneurs that the government is fully committed to building a dynamic, business-friendly environment in which MSMEs can thrive and play their rightful role in Pakistan’s sustainable development.

In his message on the occasion of International Day of Micro, Small and Medium-Sized Enterprises, being observed today, he said our entrepreneurs require targeted support, through easier access to finance, adoption of innovative technologies, and stronger market linkages.

The Prime Minister said the government is fully committed to integrating enterprising individuals into the broader manufacturing and productivity cycle of our economy.

Shehbaz Sharif said that to further improve institutional support, SMEDA is being restructured for greater effectiveness.

He said a major milestone in this direction is the establishment of a 30 billion rupees Development Fund over five years to promote innovative and sustainable MSME projects across the country.

He said these enterprises ensure that the benefits of economic progress are widely shared across all segments of society.