KARACHI: In a strong show of confidence, the Pakistan Banks Association (PBA) has publicly endorsed the Federal Budget 2025–26, offering a significant vote of support for the government’s economic reform agenda. The PBA’s backing is particularly meaningful given the sector’s central role in financial policymaking and implementation.
The government hailed this endorsement as an affirmation of its path toward fiscal responsibility, sustainable economic growth, and inclusive development. It reflects growing trust in both the substance of the budget and the cooperative spirit that has defined recent economic initiatives.
Among the key milestones cited are the resolution of the PKR 1.275 trillion circular debt—achieved without passing the burden to consumers—and the launch of innovative financial tools such as digital agriculture loans and performance-linked financing for vocational skills.
This evolving partnership between banks, development finance institutions (DFIs), and the public sector signals a transformation in the financial ecosystem. No longer confined to traditional lending, these institutions are now actively championing green finance, small business support, and rural economic development.
The government emphasized its commitment to strengthening this collaboration, viewing the financial sector as a vital ally in achieving long-term economic stability and impact-driven outcomes.
