ISLAMABAD, November 15, 2026: The federal government has decided to provide Rs300 billion in financing to small and medium-sized enterprises (SMEs) under the Export Finance Scheme for the fiscal year 2026-27, aiming to improve access to affordable credit and boost exports.
The financing facility, to be administered by Pakistan Exim Bank (PAK EXIM), is intended to help eligible SME exporters meet working capital requirements, expand production and compete more effectively in international markets.
The decision comes as smaller exporters continue to face difficulties securing affordable financing, limiting their ability to fulfil export orders, increase production capacity and explore new markets.
Pakistan Hosiery Manufacturers and Exporters Association (PHMA) Chairman Syed Zia Alamdar Hussain welcomed the initiative, describing it as an important step towards strengthening the SME sector and supporting export-led economic growth.
He appreciated the efforts of Prime Minister Shehbaz Sharif, Finance Minister Muhammad Aurangzeb, the Ministry of Finance and PAK EXIM in facilitating smaller exporters.
Hussain said the allocation of Rs300 billion exclusively for eligible SMEs could help businesses overcome financial constraints, improve competitiveness and expand their presence in global markets.
However, he stressed that banks responsible for disbursing the financing must ensure transparent, timely and hassle-free processing of applications.
He urged financial institutions to clearly communicate eligibility requirements and prevent unnecessary procedural delays so that genuine SME exporters could benefit from the scheme.
The PHMA chairman also called for broader business-friendly reforms, including lower operating costs, improved access to finance and competitive energy tariffs.
He reaffirmed the association’s commitment to working with the government and relevant institutions to strengthen textile, hosiery and knitwear exports.
The financing initiative is expected to support industrial activity, employment generation and foreign exchange earnings by enabling smaller businesses to participate more actively in export markets.