Finance adviser Khurram Shehzad said private-sector credit grew 14.8% year on year in FY26 to Rs 11.38 trillion, marking the strongest expansion in four years. Corporate borrowing rose by Rs 1.18 trillion, accounting for more than 80% of the overall increase. Manufacturing, wholesale and retail trade, and agriculture made up 89% of the additional business credit, with manufacturing alone adding Rs 657 billion. The figures point to firm domestic demand for real-economy financing, according to Shehzad.