Nojibur terms SMEs as driving force of economy

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Business Desk :
Prime Minister’s Principal Secretary Nojibur Rahman has termed the Small and Medium Enterprises (SMEs) as a driving force for economic growth.”The SMEs have a remarkable contribution in increasing the country’s GDP rate to 8.13 per cent,” he said while presenting a keynote paper at an event on Wednesday.
United Nations Development Programme (UNDP) and The United Nations Colonial Peacekeeping Force (UNCPF) organized the event ‘Spotlight of Policy:
Innovative Strategies for Financing through Micro, Small and Medium
Enterprises Initiatives’ under the ‘Development for Financing (FFD) Forum’ at
UN Headquarters in New York, according to a press released received. Bangladesh was co-host of the event, it said.Referring to the various steps taken by the present government for the development of SMEs, he said, the government had created a separate SME Foundation for its advancement, adding initiatives have already been taken to increase the vibrant participation of SMEs in the capital market. He said Central Bank of Bangladesh also introduced ‘Agent Banking Scheme’ for SMEs.
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