Pakistan Eyes Digital Finance, Tokenization for Economic Growth

Federal Minister for Finance, Senator Muhammad Aurangzeb, met with Pakistan Digital Authority (PDA) Chairperson Dr. Sohail Munir to advance digital finance and technology use for enhancing access to finance and economic activity. Discussions covered evolving frameworks for electronic transactions, improving access to finance via digital platforms, and strengthening data sharing and interoperability between banks and capital markets. They also explored digital assets and tokenization, including potential applications in real estate and other investment assets, emphasizing a responsible adoption framework. This initiative aims for long-term economic development but is unlikely to have an immediate, direct impact on gold or USD/PKR rates.

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