{"id":27317,"date":"2025-04-09T06:24:03","date_gmt":"2025-04-09T06:24:03","guid":{"rendered":"https:\/\/theasiantelegraph.global\/?p=27317"},"modified":"2025-04-09T06:24:04","modified_gmt":"2025-04-09T06:24:04","slug":"musadik-terms-restructuring-of-smeda-vital-for-economic-growth","status":"publish","type":"post","link":"https:\/\/theasiantelegraph.global\/?p=27317","title":{"rendered":"Musadik terms restructuring of SMEDA vital for economic growth"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"772\" height=\"548\" src=\"https:\/\/theasiantelegraph.global\/wp-content\/uploads\/2025\/04\/IMG-20250408-WA0085.jpg\" alt=\"\" class=\"wp-image-27318\" srcset=\"https:\/\/theasiantelegraph.global\/wp-content\/uploads\/2025\/04\/IMG-20250408-WA0085.jpg 772w, https:\/\/theasiantelegraph.global\/wp-content\/uploads\/2025\/04\/IMG-20250408-WA0085-300x213.jpg 300w, https:\/\/theasiantelegraph.global\/wp-content\/uploads\/2025\/04\/IMG-20250408-WA0085-768x545.jpg 768w\" sizes=\"(max-width: 772px) 100vw, 772px\" \/><\/figure>\n\n\n\n<p>High-Level Committee Reviews SMEDA Restructuring at Ministry of Industries and Productio<\/p>\n\n\n\n<p>Islamabad \u2013 A high-level committee meeting was held at the Ministry of Industries and Production to review the restructuring of the Small and Medium Enterprises Development Authority (SMEDA). The session was chaired by Federal Minister for Climate Change, Mr. Musadik Malik, and attended by Special Assistant to the Prime Minister, Mr. Haroon Akhtar Khan, and Minister of State for IT and Telecommunication, Ms. Shaza Fatima Khawaja.<\/p>\n\n\n\n<p>During the meeting, the committee conducted a comprehensive evaluation of SMEDA\u2019s past performance, current challenges, and future opportunities. Federal Minister Musadik Malik emphasized the Prime Minister\u2019s directive to accelerate the development of value-added SME sectors, noting that &#8220;Restructuring SMEDA is in the national interest and crucial for sustainable economic growth.&#8221;<\/p>\n\n\n\n<p>He highlighted the need to reduce public sector intervention in SMEDA&#8217;s operations and proposed exploring an outsourcing model for its restructuring. Minister Shaza Fatima supported the idea, stating, \u201cOutsourcing could be an effective solution for SMEDA\u2019s reform. SMEs are the backbone of the national economy.\u201d<\/p>\n\n\n\n<p>Haroon Akhtar Khan echoed these sentiments, stressing the importance of involving the private sector in SME development and turning the SME sector into a driving force for exports. \u201cThe restructuring of SMEDA is the need of the hour,\u201d he added.<\/p>\n\n\n\n<p>The committee also discussed setting a clear timeline for implementing SMEDA reforms and emphasized the organization\u2019s pivotal role in promoting entrepreneurship, especially among women and youth.<\/p>\n\n\n\n<p>The participants unanimously agreed on enhancing private sector participation to ensure long-term growth and sustainability of Pakistan\u2019s SME landscape.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>High-Level Committee Reviews SMEDA Restructuring at Ministry of Industries and Productio Islamabad \u2013 A high-level committee meeting was held at the Ministry of Industries and Production to review the restructuring&hellip; <\/p>\n","protected":false},"author":8,"featured_media":27318,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[1197,985,519],"class_list":["post-27317","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","tag-ceo-smeda","tag-ministry-of-climate-change-mocc-pakistan","tag-moitt-ministry-of-information-and-technology"],"_links":{"self":[{"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/posts\/27317","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27317"}],"version-history":[{"count":1,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/posts\/27317\/revisions"}],"predecessor-version":[{"id":27319,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/posts\/27317\/revisions\/27319"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/media\/27318"}],"wp:attachment":[{"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27317"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}