Islamabad: The Advisor to Prime Minister for Commerce Abdul Razak Dawood has said that the Growth for Rural Advancement and Sustainable Progress (GRASP) will help Small and Medium Enterprises (SME), and boost the sustainable economic growth in the country – a news source reported.
He was speaking to the participants of the first stakeholders’ consultation for GRASP on Thursday. He said that GRASP had come at the most appropriate time, as Pakistan was geared towards finalizing its SME Policy.
He also appreciated the European Union’s support for Pakistan’s development, especially through GSP-plus and various other development programs. The Advisor underlined that GRASP would strengthen SMEs in the provinces of Sindh and Balochistan that are associated with livestock, dairy and horticulture.
He further noted that livestock, dairy and horticulture – which account for 70% of value-added agriculture – have a particularly strong potential for growth, climate adaptation, and increased participation for women.
This project is funded by the EU in Pakistan, and is implemented by the International Trade Centre.
