ANL 27.50 Decreased By ▼ -0.39 (-1.4%)
ASC 17.01 Decreased By ▼ -0.19 (-1.1%)
ASL 23.90 Decreased By ▼ -0.10 (-0.42%)
AVN 93.69 Increased By ▲ 1.49 (1.62%)
BOP 9.51 Decreased By ▼ -0.16 (-1.65%)
BYCO 9.75 Increased By ▲ 0.05 (0.52%)
DGKC 110.25 Decreased By ▼ -0.75 (-0.68%)
EPCL 47.79 Decreased By ▼ -0.23 (-0.48%)
FCCL 21.27 Decreased By ▼ -0.13 (-0.61%)
FFBL 27.41 Decreased By ▼ -0.46 (-1.65%)
FFL 18.80 Decreased By ▼ -0.20 (-1.05%)
HASCOL 14.56 Decreased By ▼ -0.06 (-0.41%)
HUBC 86.67 Increased By ▲ 2.65 (3.15%)
HUMNL 7.33 Increased By ▲ 0.26 (3.68%)
JSCL 30.94 Increased By ▲ 0.44 (1.44%)
KAPCO 41.05 Increased By ▲ 0.67 (1.66%)
KEL 4.10 Decreased By ▼ -0.01 (-0.24%)
LOTCHEM 16.25 Increased By ▲ 0.35 (2.2%)
MLCF 43.02 Decreased By ▼ -0.09 (-0.21%)
PAEL 39.90 Decreased By ▼ -0.16 (-0.4%)
PIBTL 12.61 Decreased By ▼ -0.08 (-0.63%)
POWER 11.39 Increased By ▲ 0.14 (1.24%)
PPL 94.00 Decreased By ▼ -1.80 (-1.88%)
PRL 23.99 Decreased By ▼ -0.74 (-2.99%)
PTC 9.50 Decreased By ▼ -0.14 (-1.45%)
SILK 1.26 Increased By ▲ 0.04 (3.28%)
SNGP 45.00 Decreased By ▼ -0.83 (-1.81%)
TRG 106.45 Increased By ▲ 0.60 (0.57%)
UNITY 34.18 Increased By ▲ 2.28 (7.15%)
WTL 1.13 Decreased By ▼ -0.02 (-1.74%)
BR100 4,833 Decreased By ▼ -22.35 (-0.46%)
BR30 24,693 Decreased By ▼ -86.65 (-0.35%)
KSE100 45,677 Decreased By ▼ -226.29 (-0.49%)
KSE30 19,026 Decreased By ▼ -127.11 (-0.66%)
Pakistan

Govt giving special focus on promotion of construction, SMEs sectors: PM

  • He said that in the past SMEs sector - from its financial problems to bringing about improvement in the products and production - was altogether neglected.
10 Sep 2020

ISLAMABAD: Prime Minister Imran Khan on Wednesday said that as the Small and Medium Enterprises (SMEs) played pivotal role in country’s economic promotion and stability, the present government was giving special focus on the promotion of construction and SMEs sectors.

He said that in the past SMEs sector - from its financial problems to bringing about improvement in the products and production - was altogether neglected.

The prime minister expressed these views while presiding over the National Coordination Committee (NCC) for SMEs here.

Minister for Industries Muhammad Hammad Azhar, Minister for Information Senator Shibli Faraz, Advisor on Finance Dr. Abdul Hafeez Sheikh, Governor State Bank, Chairman Federal Board of Revenue, Secretaries of the Ministries concerned and other senior officers were in attendance.

During the meeting the proposed SMEs Policy 2020 was presented to the prime minister, who was also briefed in detail about the proposed policy and its salient features, promotion of SMEs sector through policy measures and the identification of various measures to further strengthen SMEs role in economy.

The prime minister said that international best practices should be utilized for providing facilities and incentives to SMEs sector.

He reiterated the government’s resolve to not only remove all hurdles in the way of SMEs’ promotion but also provide all possible incentives to the sector.

The prime minister, in that respect, also directed the Ministry of Industries and Production to prepare a feasible road-map within the next two weeks.