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Friday, January 06, 2012 - 7.33 GMT

Provincial development will be given a major boost- CB


Provincial development will be given a major boost while particularly targeting the SME sector in 2012, stated the Central Bank in its ‘Roadmap: Monetary and Financial Sector Policies for 2012 and Beyond’.

Credit facilities will provide with special attention to lagging regions amounting to approximately Rs.16 billion, the report said.

The Central Bank also expected to increase the loan disbursements by 23% in 2012.

Information & Communication Technology based SMEs will be promoted with special attention to entrepreneurial innovations related to; Hospitality industry, Energy sector, Transport sector, Services required by education and health sectors.

Training programmes will conduct to increase knowledge and skills base of potential and existing entrepreneurs, the report added.






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Last modified: January 06, 2012.

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