The Prime Minister Imran Khan while addressing a launching ceremony of the National Small and Medium Enterprises (SME) Policy said that the inflation was a temporary phenomenon that will start coming down in a few days.
As per details, The PM Imran Khan said that there is inflation in the country but the steps taken by the incumbent government to mitigate inflation will show positive impacts in the coming days.
The Premier lauded Minister for Industries and Production Khusro Bakhtiar and his ministry for new National Small and Medium Enterprises (SME) Policy.
He also said that the government had decided to take stern action against all those responsible for creating hurdles for any enterprise in the export, agriculture, industry or service industry sectors.
While criticizing previous governments, The Prime Minister Imran Khan regretted that in the past, no government ever cared for the incentives and facilities for SME sector.
He further said that “PTI government was according due importance to the SME sector. The SMEs is a key constituent of the economy and its empowerment would help strengthen the economic outlook and create job opportunities, in the country,” He also underscored the need for accelerating SME growth in the country as it will increase the country’s GDP growth.
While underlining the importance of SMEs in country’s development, he also urged the private sector to facilitate government’s initiative of providing more facilities to new businesses.
The Prime Minister Imran Khan was of the view that despite coronavirus challenges, the Pakistan Tehreek-e-Insaf (PTI) government collected record remittances, tax collection and export revenue, noted that “The incumbent government will soon launch a new system in order to bring transparency in tax system,”
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