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Long-term financing: PM orders removal of 80pc export requirement for SMEs
ISLAMABAD: In a move aimed at improving access to credit for small and medium-sized enterprises (SMEs) and boosting exports, Prime Minister Shehbaz Sharif on Thursday ordered the removal of the 80 per cent export requirement for SMEs seeking long-term financing. Chairing a high-level meeting on facilitating export-oriented SMEs, the prime minister also directed that no bank should be allowed to deviate from the subsidised financing scheme for SMEs and exporters. He called for greater government support to help SMEs expand their businesses, improve productivity and develop workforce skills, ass...
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