SBP SME Growth Index Headline Report 2011

“Rapid and sustained economic growth is critical to stem the tide of job losses. Our prospects of achieving such growth are highly dependent on the economy’s entrepreneurs and businesses. Without a strong business sector and bold entrepreneurs, we have as little chance of prospering”

“Despite acknowledgment of SMEs’ potential as employment generators, they are a poorly understood and inadequately documented sector. Even information on the number of SMEs is unreliable. State efforts to assist the sector have had very limited success. Moreover, partly due to the lack of robust data, the debate around SMEs and their ability to assist in employment growth has become heavily weighted with ideology, assumptions and anecdotes.”

 

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