SMEs can make economy jump start: Thaver

Karachi:The Union of Small and Medium Enterprises (UNISAME), responding to prime minister’s ( PM) statement to the business community asking them not to worry, has said someone has to worry – either the government or businessmen, because the situation is really worrisome.

In a statement here Monday, Thaver said all that we are hearing from the PM’s experts is that they are going to do and not doubting their good intentions he argued that the question is when, they need to act fast and take immediate steps. “Time and again we have explained to them the needs of our majority sector, the SMEs; this sector can change the destiny of Pakistan but the experts in the PM’s team cannot comprehend,” he regretted. To increase exports you need to take very positive steps and we have submitted our proposals which they need to understand and implement, he added.

He said the UNISAME requests the PM to direct them to focus on the SMEs, who are the ones who will add value to the produce and export and earn foreign exchange, facilitating them will bring about results.

UNISAME leader said the big businessmen have their stomachs full. They have made plenty of money and have become lazy. They have their money and properties abroad. The government must focus on the SMEs, especially the medium and higher medium. They will set up new industries and go for innovation in manufacturing, services, farming and mining. They need to be facilitated. They need a conducive environment. It is the vibrant sector and wishes to live and die in Pakistan. SMEs love Pakistan and wish to prosper in Pakistan.

He said to give the economy a jump start, it is necessary to put SME promotion and development on fast track.