SBP celebrating MSMEs Day on 27th

KARACHI: On the United Nations Day on Micro, Small, and Medium-sized Enterprises (UN MSMEs Day), the State Bank of Pakistan (SBP) will organise an MSMEs seminar on Thursday, June 27, a statement said on Tuesday.

The seminar to be held under the theme ‘MSME Finance: Catalyst for Inclusive Growth’ is aimed to acknowledge the vital role of MSMEs in inclusive economic growth, employment generation, and poverty reduction. During the ceremony, the SBP and financial institutions will reiterate their commitment to support and catalyze the MSMEs’ growth through a sustained increase in MSMEs financing.

To celebrate MSMEs Day with full vigor and resolve to appreciate their critical role in achieving inclusive growth, special events will be organised across the country in 16 field offices of SBP-Banking Services Corporation to provide a platform to prominent MSMEs, banks, and regional trade bodies to participate and develop partnerships to spur the MSMEs growth.

In parallel, financial institutions will highlight the significance of this day through social media campaigns, events at head offices and regional offices and advisory clinics for MSMEs.