SMEDA invites recommendations for Federal Budget 2021-22

Engineering Post Report

SMEDA has invited suggestions and recommendations from SME sector for submission to the Pakistan Government for consideration and inclusion in the Federal Budget 2021 for which brisk preparations at the appropriate levels are in progress and is to be presented in the National Assembly in the first  week of June 2021 for its consideration and approval before June 30, 2021.

Small and Medium Enterprises Development Authority (SMEDA)  in its efforts to support SMEs in the country  conducts a round of consultations with key stakeholders including SMEs, Chambers of Commerce and  Industry and  trade associations for obtaining their views and inputs related to the SME Sector  for developing recommendations  for consideration of the government  while formulating the Federal Budget .

In this regard, SMEDA  has initiated  an exercise in the right earnest to solicit recommendations  for Federal Budget 2021-22. It has accordingly requested  that SME issues and recommendations regarding  fiscal measures (taxation and incentives etc), tariffs, customs,  export promotion, regulations  or any other may kindly be shared with SMEDA.

Furthermore inputs  are also required on identification of laws/regulations/licenses etc that may be simplified for ease of doing business.

Premier institution of the Federal Government under Ministry of Industries and Production, SMEDA was established in October 1998 to take on the challenge of developing  SMEs in Pakistan.

With a futuristic approach and professional management structure, it focuses on promoting an enabling environment and  business development services to SMEs.. It is not only an SME policy  advisory  body for Pakistan Government but also facilitates other stakeholders in addressing their  SME development agendas.

SMEDA has its headquarters in Lahore and regional offices in different major cities across the country.