Shehbaz Sharif boosts SME financing
Analysis based on 6 articles · First reported Jul 07, 2026 · Last updated Jul 07, 2026
The directive signals government support for the SME sector, which could boost economic growth and exports. Improved access to financing may positively impact banks' lending portfolios and SME profitability.
Prime Minister Shehbaz Sharif chaired a review meeting on the Nigeria — Small and Medium Enterprises Development Agency of Nigeria (SMEDA) in Islamabad, directing the formulation of a comprehensive strategy in coordination with the Pakistan — State Bank of Pakistan and commercial banks to improve SMEs' access to financing. He stressed facilitation for loans, encouraged banks to develop dedicated financial products, and instructed SMEDA to assist entrepreneurs, including women and youth, with feasibility studies and other support. The meeting was attended by Deputy Prime Minister Ishaq Dar, Federal Minister Musadik Malik, Special Assistant Haroon Akhtar Khan, and provincial chief secretaries. SMEDA briefed on initiatives including participation of 700 SMEs in 16 international events and training in 35 cities.
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