The Small and Medium Enterprises Development Authority and the Prime Minister's Youth Programme have signed a Memorandum of Understanding to establish a structured framework of collaboration.

The MoU, signed in Islamabad today, is aimed at enhancing outreach, awareness and access to financial and business development support for Micro, Small and Medium Enterprises and aspiring young entrepreneurs across Pakistan.

Prime Minister's Advisor on Industries and Production Haroon Akhtar Khan and Chairman Prime Minister's Youth Programme Rana Mashood Khan witnessed the MoU signing ceremony.

The two organisations will also share agreed data relating to rejected loan applications, including reasons for rejection, to facilitate analysis and identify areas requiring further support.

Both organisations will ensure enhanced visibility of the Prime Minister's Youth Business and Agriculture Loan Scheme through dedicated information slots and reciprocal links on their respective websites.