Expert­s say 12th five year plan must extend suppor­t to this sector for econom­ic develo­pmentISLAMABAD: A roadmap on ease of doing business and reduction in the cost of doing business for social enterprises should be the focus of s new national strategy on the promotion of social enterprise sector under the 12th five-year plan. This was stated by experts during a meeting on “Pre-Budget Proposals for Social Enterprises”. “Our economy is not in a good situation and requires value addition from local entrepreneurs including social enterprises to stabilize the economy,” she said, adding that there is a need to involve large businesses and make them aware of the social enterprise sector, where large businesses can channelize their funds to help grow social enterprises. “SDPI Joint Executive Director Dr Vaqar Ahmed stated that it was encouraging to see an increase in the number of social enterprises in Pakistan. “Our society is very charity-oriented and the transition from philanthropy to social enterprises would be a big challenge,” she remarked.

Source: The Express Tribune March 07, 2019 04:52 UTC