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Home Breaking News

Advisor welcomes PBA support for govt. reforms, federal budget

byCT Report
27/06/2025
in Breaking News, Islamabad, Latest News, Slider News
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ISLAMABAD: Advisor to the Finance Minister Khurram Schehzad welcomed and thanked the Pakistan Banks Association (PBA) for their strong and thoughtful support of the Federal Budget 2025–26.

This endorsement, coming from the very sector most directly impacted by fiscal and financial decisions, is a powerful validation of the government’s reform direction and approach toward sustainable growth, fiscal consolidation, and inclusive development, he said in a statement issued by the finance ministry.

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The PBA’s support reflects confidence not only in the policies announced, but also in the spirit of collaboration that has enabled landmark achievements—from resolving the Rs1.275 trillion circular debt without burdening consumers, to launching first-of-its-kind digital agri-loans and outcome-based skills financing.

These initiatives demonstrate that banks and DFIs are no longer just lenders, but strategic partners in driving inclusive growth, green transition, SME empowerment and rural development.

The banking sector’s readiness to lead on these fronts is a tremendous asset for Pakistan’s economic future, and we look forward to deepening this public-private partnership for results that matter.

“Financial sector on board. Pakistan on track” he added.

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