SMEs make up 99% of businesses, 78% of jobs

Small and medium-sized firms account for nearly 99% of Pakistan’s enterprises and provide about 78% of its jobs, Adviser to the Prime Minister on Industries and Production Haroon Akhtar Khan said. A committee reviewing the Small and Medium Enterprises Development Authority (SMEDA) is preparing recommendations, which it is expected to deliver within four weeks.

The panel wants SMEDA to reach more businesses, especially women-led ventures and firms in rural or underserved locations, and to improve access to finance and practical business guidance. It will also consider international examples while shaping reforms suited to Pakistan, with the aim of making the authority more effective in supporting entrepreneurs.