PASME INTRODUCTION

PASME, an acronym for Pakistan Association for Small & Medium Enterprises, is an independent, not for profit, non political & non sectarian association in its composition. whose mission is to promote and ncourage the growth and development of SMEs.

PASME Goal

The overall PASME goal is to improve competitiveness of SMEs and enhance their potential contribution to economic growth and employment generation. The overall purpose is to support the Government in undertaking strategic measures for (i) enhancing SMEs' policy and regulatory framework, (ii) improving SMEs' access to key financial and physical resources, and (iii) facilitating SMEs' access to domestic and international markets.

Objectives and Scope

The objective is to support the Government's efforts to create a business environment that is conducive to economic growth and employment generation. To achieve this objective, the PASME focuses on the following: (i) enhancing the policy and regulatory framework, which includes improving the business registration and licensing systems, establishing the Government’s institutional framework for SME development , and promoting closer public-private sector partnership and providing systems that make information on government regulations on enterprise easily accessible to the public; (ii) improving SMEs’ access to resources (finance and land use rights), which includes implementing an SME accounting system, expanding the types of leasing products and diversifying their funding source, and establishing legal basis for issuance of land-use rights certificates, and (iii) facilitating SMEs’ access to international markets (industrial/technical standards), which includes completing the legal framework on industrial and technical standards, undertaking institutional reforms of certification bodies and ensuring SME representation in setting standards, and making information on standards readily available to the public.