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ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday directed that a comprehensive strategy be formulated to improve small and medium-sized enterprises’ (SMEs) access to financing.

He made these remarks while chairing a review meeting of the Small and Medium Enterprises Development Authority (Smeda) in Islamabad.

According to the Prime Minister’s Office (PMO), the premier directed the authority to formulate a comprehensive strategy, in coordination with the State Bank of Pakistan and commercial banks, to improve SMEs’ access to financing.

He stressed that greater facilitation should be provided for extending loans to SMEs to boost the country’s exports.