Pakistan, Oct. 19 -- The Pakistan Industrial and Traders Associations Front (PIAF) has welcomed the government's approval of Rs2 billion for implementing the revamping plan of the Small and Medium Enterprises Development Authority, describing it as a positive step towards reviving small industries, promoting entrepreneurship and creating employment opportunities.

In a joint statement, PIAF Chairman Faheemur Rehman Saigol, Senior Vice Chairman Nasrullah Mughal and Vice Chairman Tahir Manzoor Chaudhry said the initiative could help strengthen the country's small and medium enterprises (SMEs), provided the allocated funds were utilised transparently and directed towards practical measures to address the challenges faced by businesses.

Fahe...