BR100 Decreased By (-0.91%)
BR30 Decreased By (-1.47%)
KSE100 Decreased By (-0.78%)
KSE30 Decreased By (-0.75%)
AGHA 6.67 Decreased By ▼ -0.01 (-0.15%)
BECO 4.35 Decreased By ▼ -0.02 (-0.46%)
BML 56.17 Decreased By ▼ -1.15 (-2.01%)
BOP 30.12 Decreased By ▼ -0.23 (-0.76%)
CNERGY 12.98 Decreased By ▼ -0.14 (-1.07%)
CSIL 5.31 Decreased By ▼ -0.10 (-1.85%)
FCCL 51.65 Decreased By ▼ -1.14 (-2.16%)
FFL 14.49 Decreased By ▼ -0.23 (-1.56%)
FNEL 1.21 Increased By ▲ 0.09 (8.04%)
KEL 6.06 Decreased By ▼ -0.03 (-0.49%)
KOSM 5.84 Increased By ▲ 0.11 (1.92%)
LOTCHEM 26.17 Decreased By ▼ -0.29 (-1.1%)
MLCF 91.23 Decreased By ▼ -1.93 (-2.07%)
NBP 164.19 Decreased By ▼ -0.47 (-0.29%)
NCPL 53.18 Decreased By ▼ -2.48 (-4.46%)
NPL 59.12 Decreased By ▼ -2.04 (-3.34%)
OGDC 313.39 Decreased By ▼ -3.34 (-1.05%)
PACE 9.77 Decreased By ▼ -0.10 (-1.01%)
PAEL 35.24 Decreased By ▼ -0.39 (-1.09%)
PIBTL 14.71 Increased By ▲ 0.03 (0.2%)
PPL 221.36 Decreased By ▼ -5.55 (-2.45%)
PRL 91.22 Decreased By ▼ -1.80 (-1.94%)
PTC 59.19 Decreased By ▼ -1.07 (-1.78%)
SSGC 23.30 Decreased By ▼ -0.51 (-2.14%)
TBL 8.75 No Change ▼ 0.00 (0%)
TELE 7.61 Decreased By ▼ -0.19 (-2.44%)
TPL 22.03 Decreased By ▼ -0.32 (-1.43%)
TPLP 12.56 Decreased By ▼ -0.41 (-3.16%)
TREET 21.73 Decreased By ▼ -0.43 (-1.94%)
TRG 55.79 Decreased By ▼ -0.77 (-1.36%)

ISLAMABAD: Prime Minister Shehbaz Sharif has reaffirmed that the government is giving top priority to digitising the economy and shifting financial transactions towards a cashless, digital system.

Prime Minister Shehbaz Sharif, Sunday, chaired a high-level meeting on the transition towards a cashless and digital economy and expressed satisfaction over the progress made so far.

The prime minister emphasised that the government is working on a priority basis to digitise the economy and shift financial transactions to a cashless system.

PM Shehbaz underscores digital economy push to enhance transparency, ease public access

He directed all chief secretaries to extend full cooperation with the federal government in expanding the Raast payment system to the district level.

During the meeting, officials briefed the prime minister on measures taken towards a cashless economy. It was informed that under the Pakistan Digital Public Infrastructure initiative, digital IDs will be introduced containing citizens’ national identity card details, biometrics, and mobile phone numbers. These digital IDs will enable secure digital payments.

The briefing further highlighted that provincial governments have made significant progress in linking government-to-public and public-to-government payments with the Raast system.

On infrastructure development, it was noted that the Federal Development Authority has granted right-of-way for fiber connectivity, while discussions are underway with Pakistan Railways and the National Highways Authority to further expand digital infrastructure.

The meeting was attended by Federal Minister for Finance and Revenue Muhammad Aurangzeb, Federal Minister for Economic Affairs Ahad Khan Cheema, Federal Minister for Information and Broadcasting Attaullah Tarar, Federal Minister for Information Technology and Telecommunication Shaza Fatima Khawaja, Federal Minister for Petroleum Ali Pervez Malik, Adviser to the Prime Minister Dr Tauqeer Shah, Minister of State for Finance and Railways Bilal Azhar Kayani, along with senior government officials

Copyright Business Recorder, 2025

Comments

Comments are closed for this article.