KARACHI: All Pakistan Business Forum (APBF) President Muhammad Ibrahim Qureshi has said that the country’s Small and Medium Enterprises (SMEs) sector needs proper financial facilitation and friendly policies’ support.
The government and the financial institutions respectively are more inclined towards the large scale business set-ups and industrial units, said Ibrahim Qureshi in a statement. He said SMEs face similar situation regarding microfinance and the foreign investors. On the contrary, it is evident from the economic development history of big economies around the world that the economic well-being and strengthening has resulted from the progressive development of SME sector in their countries.
Keeping eyes on the economic future and building Pakistan as a nation of prosperous and developed people, the business communities, economic scholars and different forums in Pakistan has been voicing for the SME sector development. Similarly, All Pakistan Business Forum has highlighted the issue once again.