Industry Seeks 2% Long-Term SME Loans Amid High Rates

Pakistani industry associations have formally requested the government to provide long-term loans to Small and Medium Enterprises (SMEs) at a concessional rate of 2%. A letter submitted highlights the severe challenges faced by SMEs due to sustained high interest rates, escalating energy tariffs, and increasing tax burdens. This move aims to alleviate financial strain and foster growth in a critical sector. While this reflects ongoing economic pressures, its direct impact on immediate gold or currency rates in Pakistan is likely limited, pending any government response or policy changes.

بحوالہ / Source: tribune.com.pk