- The State Bank of
Pakistan should seriously consider reducing interest rate to 10 per cent
for SMEs and all commercial banks should also re-shape their credit
policies for promoting the SMEs and achieving self sustaining economic
development.
- The bank could be sponsored by Islamic Development Bank, The Federation of Pakistan Chambers of Commerce & Industry, leasing companies, investment banks, modarba companies, various associations of exporters, NIT, insurance companies and general public
- High interest rate is the main hurdle facing SMEs. Credit may be offered to such enterprises at subsidized rates
- Strategic planning for development of SMEs is made successful; middle class entrepreneurs may play an effective role in the economic recovery of Pakistan
- Strategic planning for development of SMEs is made successful; middle class entrepreneurs may play an effective role in the economic recovery of Pakistan
- Small industry can be set up with small capital, and can produce goods for domestic consumption by using labour intensive technology
- Most of the larger enterprises today have their origins in small and medium enterprises. SMEs lack the research capacity, tThe SME sector itself can be desegregated into micro enterprises, small enterprises and medium enterprises
- SMEs are the starting point of development in countries desiring industrialization.he ability to take substantial risks, or any other advantage of expansion. SMEs have their effect on the GDP income distribution, tax revenue, employment, efficient utilization of resources and stability of family income
- Developing as well as developed countries hare spent large amounts of money for the promotion of SMEs
