Special Assistant to the Prime Minister on Industries and Production, Haroon Akhtar Khan, recently met with Rehmat Ali Hasni, President of the National Bank of Pakistan (NBP), to explore strategic initiatives aimed at enhancing financial support for industrial development. The meeting marks a renewed focus on public-private collaboration in reinforcing the country’s industrial infrastructure and economic growth trajectory.
According to an official statement, the discussion revolved around the facilitation of industrial loans, investment generation, and the imperative to deepen ties between Pakistan’s banking sector and its industrial framework. Both parties underscored the need for a robust financing ecosystem that can support long-term industrial expansion and productivity.
Haroon Akhtar Khan reiterated that accessible financial solutions remain the backbone of a thriving industrial sector. He acknowledged the significant contributions of NBP in providing essential loans and financial products to industrial players across the country. He noted that such facilitation is not only integral to increasing output and employment but also to sustaining macroeconomic stability.
Khan also addressed broader concerns within the business community, particularly regarding regulatory overreach. Referring to issues of “undue” interference by agencies such as the National Accountability Bureau (NAB), the Federal Investigation Agency (FIA), and the Federal Board of Revenue (FBR), the SAPM emphasized the government’s determination to protect the corporate sector from harassment. He affirmed that a secure and predictable regulatory environment is a critical pillar of industrial and economic resilience.
The SAPM called for a proactive approach from banks, encouraging them to broaden their role in investment facilitation. He emphasized that financial institutions must move beyond traditional banking roles and become active participants in catalyzing industrial modernization and competitiveness. This includes designing financial products that are industry-specific, with flexible terms and tailored risk mitigation tools.
In response, NBP President Rehmat Ali Hasni voiced the institution’s full commitment to supporting the government’s economic agenda. He assured the SAPM of NBP’s intention to strengthen cooperation with the Ministry of Industries and Production, pledging to introduce banking solutions that align with Pakistan’s industrial development goals.
Hasni acknowledged that a vibrant industrial sector is vital for the overall economic health of the country and reiterated that the National Bank remains steadfast in its mission to facilitate economic expansion through strategic lending and investment support.
The meeting highlights a growing alignment between public policy and financial institutions in fostering an enabling environment for industrial advancement. With stronger banking collaboration, the government aims to unlock new opportunities in manufacturing, infrastructure, and technology-driven industries, paving the way for sustainable growth and increased national output.