Pakistan government will announce its Small and Medium Enterprises Policy 2021-25 on November 15. It is likely to have proposals for significant incentives for SMEs and individuals. Furthermore, the banks will have a credit line of Rs 60 billion under SME Asaan Finance Scheme (SAAF) for collateral-free lending. Each SME will be eligible for loans up to Rs 10 million to be repaid within three years. The government will also announce a subsidy of Rs 25 billion. Women entrepreneurs may be granted 25 percent reduction in tax liability on their business income. Women-specific business incubation centers with display facilities will also be set up.
