Roadmap to formalise SMEs

Published
0

ISLAMABAD: The International Labour Organisation (ILO) launched a new project on Friday to develop a comprehensive roadmap to drive regulatory changes and simplify process to facilitate enterprise formalisation in Pakistan.

The project, “Facilitating the Transition to Formal Enterprise for Small and Medium-sized Enterprises (SMEs) and Home-Based Workers in Pakistan” launched in Islamabad together with SME Development Authority (Smeda) will engage with large enterprises in the textile and automotive sectors to create tools that ensure their suppliers formalize their operations.

Additionally, it will provide capacity-building opportunities for suppliers to adapt to evolving market conditions associated with digitalisation and just transition.

Published in Dawn, November 9th, 2024

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Fixing bond markets
Updated 01 Oct, 2026

Fixing bond markets

Pension funds, insurance companies, mutual funds, retail investors, and eventually, foreign investors must become bigger participants in the market.
Call centre rackets
01 Oct, 2026

Call centre rackets

A NUMBER of recent raids conducted by the authorities in different cities point to the growing threat fraudulent ...
Homeward bound
01 Oct, 2026

Homeward bound

FIVE months after Somali pirates captured an oil tanker carrying a 19-member multinational crew, Somali maritime...
Kashmir unresolved
Updated 30 Sep, 2026

Kashmir unresolved

The just solution lies in India addressing the issue through a trilateral dialogue involving the legitimate representatives of the Kashmiri people and Pakistan.
Water shortage
30 Sep, 2026

Water shortage

THAT the country is entering the Rabi season with an anticipated water shortage of nearly 25pc, the lowest carryover...
Young hearts
30 Sep, 2026

Young hearts

THE observance may have passed, but the message of World Heart Day should not fade with it. The occasion is a useful...