Discussions Held to Bolster Financial Assistance for Industrial Growth

Haroon Akhtar Khan, the Special Assistant to the Prime Minister on Industries and Production, convened a meeting with Rehmat Ali Hasni, who is the President of the National Bank of Pakistan (NBP), this Wednesday. The focal point of the meeting was to explore avenues for enhancing financial support aimed at fostering industrial development throughout the country.

According to an official announcement, the parties engaged in a thorough discussion regarding industrial loans, initiatives to encourage investment, and strategies to fortify the alliance between the banking sector and the industrial sector.

Haroon Akhtar highlighted the crucial role of enhanced financial facilities in maintaining continuous industrial expansion. He lauded NBP for its essential function in providing lending services to industries, emphasizing that such backing is vital for invigorating economic activities.

Khan stated that cooperation within the banking industry is a cornerstone of economic advancement, noting that a robust industrial framework necessitates active engagement from financial entities. He further emphasized that banks should significantly contribute to increasing investment levels in Pakistan and reaffirmed the government’s dedication to establishing a supportive financial climate for enterprises.

Rehmat Ali Hasni, President of NBP, assured the SAPM of the National Bank’s unwavering commitment to supporting the government’s goals for industrial progress, promising sustained collaboration to stimulate economic growth.