Wednesday, April 1

Federal Government, Balochistan Agree to Strengthen Cooperation for SME Development

Federal Government, Balochistan Agree to Strengthen Cooperation for SME Development

Islamabad, 14 January 2026(Kamran Raja): Special Assistant to the Prime Minister on Industries and Production, Haroon Akhtar Khan, held an important meeting with Chief Minister Balochistan, Mir Sarfraz Bugti, to discuss enhanced cooperation between the federal and provincial governments for the promotion and development of Small and Medium Enterprises (SMEs). Welcoming the Chief Minister to the Ministry of Industries and Production, Haroon Akhtar Khan emphasized that Prime Minister Muhammad Shehbaz Sharif’s vision is centered on empowering SMEs and women entrepreneurs as key drivers of inclusive and sustainable economic growth. He stated that, in line with the Prime Minister’s directives, all provinces must work collectively to strengthen Pakistan’s micro, small, and medium enterprise sector. Highlighting the pivotal role of provinces in SME development, Haroon Akhtar Khan noted that Balochistan holds immense potential, abundant opportunities, and a hardworking workforce capable of making a significant contribution to the national economy. He announced the establishment of a joint SME Task Force with the Government of Balochistan to ensure coordinated efforts and effective implementation of SME-related initiatives.

He further stated that the task force will focus on agriculture-based SMEs, livestock development, youth empowerment, and the promotion of women-led businesses, which are integral components of the broader SME development strategy. Chief Minister Mir Sarfraz Bugti reaffirmed that the Government of Balochistan is fully committed to promoting SMEs across the province. He expressed his desire for the people of Balochistan to expand their businesses and compete effectively in the market, assuring full provincial cooperation with the federal government for SME development in all sectors. The Chief Minister emphasized that the growth of SMEs in Balochistan will strengthen both the regional and national economy, adding that Balochistan has a vital role to play in Pakistan’s SME landscape and that local entrepreneurs will be fully encouraged and supported. Haroon Akhtar Khan appreciated the efforts and commitment of Chief Minister Mir Sarfraz Bugti toward SME promotion in Balochistan and reiterated the federal government’s resolve to work closely with the province to translate policy initiatives into tangible economic outcomes.