Pakistan

Financial Sector Applauds Budget 2025–26, Endorses Pakistan’s Reform Drive

ISLAMABAD: The Pakistan Banks Association (PBA) has officially endorsed the Federal Budget 2025–26, offering strong backing for the government’s reform-driven agenda focused on sustainable growth, fiscal discipline, and inclusive development.

The support from the banking sector—arguably the most directly impacted by fiscal policy—is a significant vote of confidence in the economic direction charted by the government.

Backing Key Economic Reforms

The PBA’s endorsement highlights trust not only in the announced measures but also in the collaborative momentum that has enabled major achievements.

These include the resolution of PKR 1.275 trillion in circular debt without increasing the burden on consumers, the rollout of pioneering digital agri-loans, and the launch of outcome-based skills financing programs.

Banking on Inclusive Growth and Green Finance
These initiatives reflect a broader shift in the role of banks and development finance institutions (DFIs)—from traditional lenders to strategic enablers of national development.

Their involvement is key in areas such as SME financing, rural uplift, and the transition to a greener economy.

The banking sector’s commitment to these reforms signals its readiness to help steer Pakistan toward a more resilient and inclusive economic future.

With this strong public-private partnership in place, the government reaffirms that the country is firmly on track toward meaningful, measurable progress.

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