SME sector can turn around Pakistan economy - Pakistan Today

SME sector can turn around Pakistan economy

Developing and promoting small and medium (SME) sector in Pakistan is need of the hour in order to successfully meet the economic challenges being faced by the country. This was stated by Chairman, Korangi Association of Trade and Industry (KATI), Ehtesham Uddin, here on Saturday. He was addressing a training course on `Business Edge Training Methodology’ jointly organized by Business Support Fund (BSF), Ministry of Finance, and IFC (International Finance Corporation) partner, New World Concepts at KATI’s premises. Ehtesham maintained that SME sector bears most of the burden of employment in the country and needs to be encouraged by the government. He believed that SME sector has the potential to turnaround Pakistan’s economy. KATI chief said that the countries like Japan have become economic power of the world by encouraging and developing SME sector whereas this area not being duly encouraged in Pakistan despite being the major contributor in national economy.

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