Ahsan asks banks to enhance lending to SMEs for driving up exports
KARACHI: Planning and Development Minister Ahsan Iqbal urged banks on Wednesday to establish an “export development window” offering soft loans primarily to small and medium enterprises (SMEs) to double exports under the newly launched five-year economic transformation programme, Uraan Pakistan.
The minister emphasised the urgent need to increase exports from $30 billion to $100bn and to drive economic growth to 6 per cent through export expansion.
He emphasised the crucial importance of the financial sector in promoting export growth, enhancing agricultural exports, fostering industrial development, and advancing critical areas such as IT, services, mining, workforce export, the blue........
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