ISLAMABAD – Prime Minister’s Adviser on Finance Dr Abdul Hafeez Shaikh has mentioned defending Small and Medium Enterprises (SMEs) is high precedence of the federal government.
Whereas talking on the inauguration of Safe Transaction Registry in Islamabad at the moment (Thursday), the Adviser mentioned SMEs are producing simply ten p.c of their whole capability. He mentioned safety registry will enhance monetary aides to SMEs in addition to assist flourish the smaller and medium industries within the nation.
Dr Hafeez mentioned the safe registry will particularly profit small industries, which don’t have any moveable property for mortgaging. He mentioned now the small industries can mortgage their moveable properties like equipment, the Radio Pakistan reported.
The registry has been inaugurated in collaboration between State Financial institution of Pakistan and Safety Change Fee of Pakistan.