‘Govt will devise policies conducive to SME sector’

Punjab governor says policies will be based on solid research


Our Correspondent November 28, 2018
Punjab governor says policies will be based on solid research. PHOTO: FILE

LAHORE: The development of small and medium enterprises (SMEs) sector is the top priority of the incumbent government for creating employments and curbing poverty in the country, said Punjab Governor Chaudhry Muhammad Sarwar.

During his address at the inaugural session of the third SME conference, organised by the Small and Medium Enterprises Development Authority (Smeda) on Tuesday, Sarwar acknowledged the significance of SMEs and vowed to make Pakistan a “business-friendly country” by devising policies that are conducive and based upon solid research.

‘Elimination of poverty, corruption is our top priority’: Sarwar

He said the government had embarked upon an ambitious plan to boost the economy by making interventions in key areas of economic importance with a special focus on SME, which has a pervasive presence across various economic sectors and is an integral part of the present government’s economic development strategy. Pakistan is seeking to strengthen its economic position at the global level, he said, adding implementation of research-based policymaking across the SME sector has become a fundamental necessity.

Sarwar acknowledged that the two-day conference will bring SMEs, business development organisations and researchers at one platform, in an effort to bridge the industry-academia gap to determine the true value of research and translate it into tangible action.

He termed the thematic areas of this conference quite realistic and logical. “The SME policy, entrepreneurship and start-up ecosystem, sustainable development, CPEC and opportunities for SMEs and CPEC and regional integration are the important areas, which need immediate attention in forging ahead,” he said.

Published in The Express Tribune, November 28th, 2018.

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