Pakistan, July 27 -- The All Pakistan Business Forum (APBF) has welcomed the government's renewed commitment to strengthening the micro, small and medium enterprises (MSME) sector, saying the announced initiatives have the potential to accelerate industrial growth, employment generation and exports, provided they are implemented effectively and without bureaucratic delays.

In a joint statement, APBF President Syed Maaz Mahmood and APBF Chairman Ibrahim Qureshi said the government's focus on MSMEs reflects the importance of the sector, which remains the backbone of Pakistan's economy by contributing significantly to GDP, exports and employment. They said sustained support for small businesses is essential to achieving inclusive economic g...