{"id":4244,"date":"2025-06-27T08:29:06","date_gmt":"2025-06-27T03:29:06","guid":{"rendered":"https:\/\/youdigital.pk\/en\/?p=4244"},"modified":"2025-06-27T09:19:04","modified_gmt":"2025-06-27T04:19:04","slug":"financial-sector-applauds-budget-2025-26-endorses-pakistans-reform-drive","status":"publish","type":"post","link":"https:\/\/2day.pk\/en\/2025\/06\/27\/financial-sector-applauds-budget-2025-26-endorses-pakistans-reform-drive","title":{"rendered":"Financial Sector Applauds Budget 2025\u201326, Endorses Pakistan\u2019s Reform Drive"},"content":{"rendered":"<p data-start=\"87\" data-end=\"329\"><strong>ISLAMABAD: The Pakistan Banks Association (PBA) has officially endorsed the Federal Budget 2025\u201326, offering strong backing for the government\u2019s reform-driven agenda focused on sustainable growth, fiscal discipline, and inclusive development.<\/strong><\/p>\n<p data-start=\"331\" data-end=\"508\">The support from the banking sector\u2014arguably the most directly impacted by fiscal policy\u2014is a significant vote of confidence in the economic direction charted by the government.<\/p>\n<p data-start=\"510\" data-end=\"913\"><strong data-start=\"510\" data-end=\"542\">Backing Key Economic Reforms<\/strong><\/p>\n<p data-start=\"510\" data-end=\"913\">The PBA\u2019s endorsement highlights trust not only in the announced measures but also in the collaborative momentum that has enabled major achievements.<\/p>\n<p data-start=\"510\" data-end=\"913\">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.<\/p>\n<p data-start=\"915\" data-end=\"1259\"><strong data-start=\"915\" data-end=\"964\">Banking on Inclusive Growth and Green Finance<\/strong><br data-start=\"964\" data-end=\"967\" \/>These initiatives reflect a broader shift in the role of banks and development finance institutions (DFIs)\u2014from traditional lenders to strategic enablers of national development.<\/p>\n<p data-start=\"915\" data-end=\"1259\">Their involvement is key in areas such as SME financing, rural uplift, and the transition to a greener economy.<\/p>\n<p data-start=\"1261\" data-end=\"1566\">The banking sector\u2019s commitment to these reforms signals its readiness to help steer Pakistan toward a more resilient and inclusive economic future.<\/p>\n<p data-start=\"1261\" data-end=\"1566\">With this strong public-private partnership in place, the government reaffirms that the country is firmly on track toward meaningful, measurable progress.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: The Pakistan Banks Association (PBA) has officially endorsed the Federal Budget 2025\u201326, offering strong backing for the government\u2019s reform-driven agenda focused on sustainable growth, fiscal discipline, and inclusive development. The support from the banking sector\u2014arguably the most directly impacted by fiscal policy\u2014is a significant vote of confidence in the economic direction charted by the &hellip;<\/p>\n","protected":false},"author":6,"featured_media":4245,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1350,1352,2061],"class_list":["post-4244","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national-news","tag-budget2025","tag-economicreform","tag-greenfinance"],"_links":{"self":[{"href":"https:\/\/2day.pk\/en\/wp-json\/wp\/v2\/posts\/4244","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/2day.pk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/2day.pk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/2day.pk\/en\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/2day.pk\/en\/wp-json\/wp\/v2\/comments?post=4244"}],"version-history":[{"count":1,"href":"https:\/\/2day.pk\/en\/wp-json\/wp\/v2\/posts\/4244\/revisions"}],"predecessor-version":[{"id":4246,"href":"https:\/\/2day.pk\/en\/wp-json\/wp\/v2\/posts\/4244\/revisions\/4246"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/2day.pk\/en\/wp-json\/wp\/v2\/media\/4245"}],"wp:attachment":[{"href":"https:\/\/2day.pk\/en\/wp-json\/wp\/v2\/media?parent=4244"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/2day.pk\/en\/wp-json\/wp\/v2\/categories?post=4244"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/2day.pk\/en\/wp-json\/wp\/v2\/tags?post=4244"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}