Govt working to remove bottlenecks in SME access to finance

MG News | November 05, 2026 at 01:59 PM GMT+05:00

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November 05, 2026 (MLN): The government is working to remove bottlenecks and help small and medium enterprises (SMEs) access finance, with a financing facility prepared to support the long-term growth of exports.

Under the facility, exporters can obtain loans to buy machinery and equipment at an interest rate of 2% for the first two years and 5% for the following eight years, said a press release issued.

Minister of State for Finance Bilal Azhar Kayani said this while addressing a conference organised by the Sustainable Development Policy Institute (SDPI) in Islamabad.

He added that an Export Facilitation Scheme (EFS) is also in place, allowing exporters to import inputs duty-free.

Bilal Kayani stressed the need for sustainable and inclusive economic growth, saying that boosting exports is essential to achieve this goal and avoid boom-and-bust cycles.

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