PM Directs Roadmap for 100% Digital Payments, Cashless Economy in Pakistan

Prime Minister Shehbaz Sharif directed officials to establish a 100% digital payments system and ensure nationwide internet access to promote a cashless economy. Key measures include leveraging Raast QR codes and discontinuing cheque-based payments via Asaan Assignment Account from November 15. This initiative aims to formalise the economy and enhance transparency. While a long-term structural reform, it could contribute to the Pakistani Rupee's stability over time.

بحوالہ / Source: www.dawn.com