Special Assistant to the Prime Minister on Industries and Production Haroon Akhtar Khan held a meeting on Wednesday with National Bank of Pakistan (NBP) President Rehmat Ali Hasnie to deliberate on enhancing financial support for industrial development.
During the meeting, matters related to industrial loans, investment promotion and strengthening partnership between the banking sector and the industrial landscape were discussed in detail.
Haroon Akhtar emphasised that the promotion of financial facilities is essential for sustainable industrial growth. He appreciated the National Bank's pivotal role in providing loans to industries, stating that such support is critical for boosting economic activity.
"The collaboration of the banking sector is crucial for economic development," he said, adding that a stable industrial infrastructure requires strong participation from financial institutions. The PM aide stressed that banks must play a key role in increasing investment in Pakistan and reiterated the government's commitment to creating a favourable financial environment for businesses. Separately, Haroon Akhtar met with Pakistan Business Council (PBC) CEO Javed Qureshi, where both sides held a comprehensive discussion on key proposals and important aspects of Pakistan's upcoming industrial policy, says APP, quoting a press release.
The PM assistant emphasised the urgent need for a modern industrial policy to drive economic growth, adding "industrial development is the need of the hour."
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