Govt to Promote Z-Wallet for Cashless Economy Drive

Federal Minister Attaullah Tarar announced the government's plan to feature the Z-Wallet initiative, a collaboration between Zindigi, Zong, and JS Bank, as a model for a cashless economy. Prime Minister Shehbaz Sharif is personally chairing a committee to expand technology-driven financial services, focusing on financial inclusion and transparency. The government aims to integrate technology with financial services to accelerate the shift towards digital payments. This push for digital payments and reduced cash dependence could gradually support PKR stability by improving economic transparency and formalization, though immediate gold/currency market impact is limited.

بحوالہ / Source: www.brecorder.com