STRATEGIC DIRECTIONS FOR PAKISTAN’S AGENDA FOR SMEs

STRATEGIC DIRECTIONS FOR PAKISTAN’S AGENDA FOR SMEs

Publication details

  • Monday | 05 Apr, 2021
  • Sajid Amin Javed
  • Policy Review/Analyses
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Abstract: This policy paper proposes four strategic directions for Pakistan’s agenda for SMEs, which include i) designing and continuing targeted support policies and packages for SMEs throughout four phases of recovery from the COVID-19 ii) putting SMEs at the heart of economic and development policy, iii) establishing database and mapping of the SMEs, particularly the informal SMEs and iv) promoting entrepreneurship and innovation in SMEs. Further, the paper suggests that policy reforms must adopt a gradual approach of Awareness, Action and Advancement (AAA) which is further built around Availability, Accessibility, Acceptability and Quality (AAAQ) framework. It can help improve acceptability of SMEs for policy reforms leading to development of the SMEs and overall inclusive economic development in the country