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flag Pakistan accelerates SME reforms to boost growth, jobs, and formal economy access.

flag Prime Minister Shehbaz Sharif has directed accelerated reforms to boost Pakistan’s small and medium-sized enterprises (SMEs), which make up over 90% of businesses and contribute about 40% of GDP. flag The government is pushing for faster SME registration, improved access to credit—currently limited to just 6-7% of private-sector loans—and integration into the formal economy. flag A new AI-powered Womenpreneurship Platform is being developed to support female entrepreneurs with business guidance, tax compliance, and skill training. flag SMEDA offices have opened in Azad Kashmir and Gilgit-Baltistan, a private sector board has been formed, and efforts are underway to expand rural training for processing agricultural products. flag The reforms aim to strengthen domestic industries, create jobs, and enhance national economic growth.

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