Monthly Archives: January 2024

January 2024
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In a first, Pakistan launches credit guarantee company for SMEs Private credit for SMEs in Pakistan stands at 5.2%, declining from 7.7% in last five years in Pakistan, says Dr Shamshad By APPJanuary 12, 2024

Jan 13, 2024 |

Caretaker Minister for Finance, Revenue and Economic Affairs Dr Shamshad Akhtar addresses the inauguration ceremony of National Credit Guarantee Company Limited (NCGCL) on January 12, 2024 in Islamabad. Caretaker Minister for Finance, Revenue and Economic Affairs Dr Shamshad Akhtar addresses the inauguration ceremony of National Credit Guarantee Company Limited (NCGCL) on January 12, 2024 in […more]

SMEs propel economy with 40% GDP contribution, Senate Committee 5.2mn small and medium enterprises serve as the economy’s backbone

Jan 12, 2024 |

ECONOMY Pakistan Today January 11, 2024 By Ghulam Abbas SMEs ISLAMABAD: In a recent session led by Senator Khalida Ateeb, the Senate Standing Committee on Industries and Production disclosed that the nation hosts 5.2 million Small and Medium Enterprises (SMEs), constituting a robust 40% contribution to the GDP. The meeting, held on Thursday, extensively delved […more]

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