Islamabad: Prime Minister (PM) Imran Khan on Thursday said that promoting ease-of-doing business, improving the tax system, facilitating the business community (involved in the industrialization process), providing credit facilities, and removing unnecessary regulations comprised the government’s ‘foremost’ priorities, according to news sources.
He expressed his views on the matte during a meeting with representatives of Karachi’s various trade organisations and a delegation of industrialists. He assured the attendees that he would continue to interact with the business community to ensure that the process of facilitation and reforms is carried forward by incorporating the proposals of stakeholders.
The participants expressed their appreciation for the government for introducing the incentives for small and medium enterprises (SMEs) in the country, in addition to launching the Karachi uplift package. They also briefed the PM regarding the challenges being faced by the business community.
Meanwhile, in a separate meeting of the National Coordination Committee for SMEs, the National Policy on Small and Medium Enterprises 2020 was proposed. The prime minister was also given a detailed briefing regarding the policy’s salient features.
In response, PM Khan stressed the need for the federal and provincial departments to pay special attention to the SMEs’ development and introduce measures to promote the government’s ease-of-doing business initiative.