Peshawar (Agencies): The U.S. Consul General in Peshawar, Shante Moore, and Khyber Pakhtunkhwa’s Chief Economist, Arifullah Awan, officially launched the USAID-supported Strategic Partnership Framework (SPF) for Small and Medium Enterprises (SMEs) today. Developed in collaboration with the United Nations Development Programme (UNDP) and the Planning and Development Department (P&DD) of Khyber Pakhtunkhwa, this initiative marks a significant milestone in fostering a sustainable and inclusive economic environment in the region.

The SPF aims to improve coordination between public and private sectors, development partners, and academia to enhance economic growth and attract private sector investment. The framework focuses on supporting SMEs as key drivers of innovation and employment in the province.

In his keynote address, Consul General Moore reaffirmed the U.S. government’s commitment to advancing inclusive economic development in Pakistan, particularly in Khyber Pakhtunkhwa. He highlighted the enduring partnership between the U.S. government and Pakistan in promoting sustainable growth and empowering local economies.

“This Strategic Partnership Framework is a testament to the transformative potential of collaboration. By uniting diverse stakeholders, it aligns seamlessly with the Government of Khyber Pakhtunkhwa’s vision for a resilient and inclusive economy. The U.S. government, through USAID, takes immense pride in supporting this initiative, which not only strengthens the SME sector but also lays the groundwork for a robust and self-sustaining economic environment in the region,” said Consul General Moore.

The launch event brought together officials from Khyber Pakhtunkhwa, representatives from the private sector, and academic institutions, emphasizing the shared vision of a resilient economy. The framework underscores the importance of local capacity building and private sector engagement to create a dynamic and adaptable economic landscape.

The U.S. government remains dedicated to strengthening partnerships that foster innovation, empower SMEs, and contribute to the prosperity of communities across Khyber Pakhtunkhwa. Through initiatives like the Strategic Partnership Framework, a path is being paved for a brighter, more inclusive economic future.

By Admin

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