IN line with the government`s efforts to give impetus to the small and medium enterprise (SME) sector, the State Bank has recently conveyed its strong resolve to support the banking sector by issuing a risk coverage scheme, according to a press release.

This will help the banking sector to double its SME exposure to Rs1.1 trillion during the next five years.

These strategic measures, being implemented with the support of Pakistan Banks` Association dedicated taskforces and in collaboration with the Ministry of Finance, are expected to provide significant support to driving robust economic recovery and sustainable development in the country. •