Karachi, December 10, 2023 – The Union of Small and Medium Enterprises (UNISAME) marked the 75th anniversary of the Universal Declaration of Human Rights (UDHR) on Sunday, underscoring the importance of the timeless principles enshrined in this landmark document.
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Immediate Appointment of SMEDA CEO Demanded by UNISAME
Karachi, December 7, 2023 – The Union of Small and Medium Enterprises (UNISAME) has issued a compelling call for the immediate appointment of a Chief Executive Officer (CEO) for the Small and Medium Development Authority (SMEDA).
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UNISAME Advocates for Sri Lanka-Inspired Economic Recovery Measures in Pakistan
Karachi, October 24, 2023 – The Union of Small and Medium Enterprises (UNISAME) has proposed that Pakistan should adopt similar measures to those undertaken by Sri Lanka to address its ongoing economic challenges.
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UNISAME President Leads Meeting to Address Challenges in Pakistan’s Solar Energy Industry
Karachi, October 19, 2023 – The President of the Union of Small and Medium Enterprises (UNISAME), Zulfikar Thaver, recently presided over a significant meeting involving key stakeholders to tackle the challenges facing Pakistan’s solar energy industry.
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UNISAME Commends Strict Measures Against Currency Smuggling and Hoarding
Karachi, October 9, 2023 – The Union of Small and Medium Enterprises (UNISAME) has expressed its support for the government’s stringent actions against currency smuggling, hoarding, profiteering, and malpractices by money exchangers.
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UNISAME Urges Revision of Solar Panel Import Policy to Support SMEs
Karachi, August 28, 2023 – The Union of Small and Medium Enterprises (UNISAME) has called upon authorities to review the import policy for solar panels in order to streamline the process and facilitate small and medium-sized enterprise (SME) importers.
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SBP launches SME Asaan Finance scheme
KARACHI – In a move aimed at bolstering small and medium-sized enterprises (SMEs) in Pakistan, the State Bank of Pakistan (SBP) unveiled the SME Asaan Finance scheme on Monday, allowing banks to lend up to Rs10 million to qualifying businesses.
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PM’s economic team to hold dialogues with business community for growth
ISLAMABAD: The economic team of the Prime Minister will hold dialogues with business community to take input for economic stability and growth.
A meeting decided this on Friday to promote dialogue with the business community to seek their views on increasing the pace of growth and achieving economic stability.
Prime Minister Imran Khan chaired the meeting of the economic team at PM’s Office.
The meeting was attended by Muhammad Hammad Azhar Minister for Economic affairs, Makhdoom Khusro Bakhtiyar Minister for Planning & Development, Omar Ayub Khan Minister for Power, Muhammad Mian Somro Minister for Privatization, Advisor on Finance Dr. Abdul Hafeez Sheikh, Advisor on Commerce Abdul Razak Dawood, Adviser on Institutional Reforms Dr. Ishrat Hussain, SAPM Dr. Sania Nishtar, SAPM Nadeem Babar, SAPM Dr. Firdous Ashiq Awan, Chairman Board of Investment Syed Zubair Gilani, Chairman FBR Syed Shabbar Zaidi, Deputy Chairman Planning Commission Jehanzeb Khan and senior officials of the government.
The prime minister directed that promotion of SMEs must be focused to enable such enterprises to flourish in the country.
The meeting reviewed the current economic situation and initiatives of the government to improve the business climate, increase exports, reduce current account deficit and stabilizing the economy.
It was noted that current financial year since July 2019 has commenced on a positive note. Exports have registered an increase and the Current Account Deficit has been reduced by 31 percent.
It is expected that the fuel prices will also decrease on 1st September, 2019.
The international financial institutions such as the World Bank and Asian Development Bank have restored budgetary support.
The meeting was informed that ECNEC also approved Rs. 579 billion of projects in agriculture, water and infrastructure sectors including mass-transit projects for Karachi.