Barriers to Growth of Small Firms in Pakistan: A Qualitative Assessment of Selected Light Engineering Industries
The focus of this report is to explore the impediments faced by the small and medium enterprise (SME) sector. SMEs in Pakistan constitute 90% of the economic establishments and contribute 30% of GDP and 25% of export earnings and 78% of the non-agricultural labour force. Any improvement in this sector can have a multiplier effect on growth and employment. Pakistan’s growth in general and that of the manufacturing sector specifically has remained fairly stagnant in the recent past.
