The main objective of this study was to identify the importance of SMEs in Malaysian and\nPakistani economies. Small and Medium Enterprises (SMEs) play a vital role in the\ndevelopment and growth of the Malaysian and Pakistani economies. However, their\ncontribution to the national economies of both countries is still relatively small. Malaysian and\nPakistani governments have made various fundamental steps to improve the growth of SMEs.\nIn spite of this, SMEs are still facing heaps of challenges and obstacles that deter them from\nfurther expanding their businesses and sustainable growth. This study provides the review of\nthe importance of SMEs in Malaysia and Pakistan.
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