· · 2 sources

Finance Minister says digital transformation drives Pakistan’s sustainable economic growth

Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb highlighted digital transformation as essential for Pakistan's sustainable growth while addressing the Digital Cooperation Organization in New York on Wednesday.

Focus on digital infrastructure

The minister emphasized developing digital public infrastructure and expanding cashless payment systems during his visit. He stated that greater connectivity must be paired with up-skilling and re-skilling initiatives for freelancers and digital workers.

Virtual assets and remittances

Aurangzeb noted the widespread adoption of virtual assets and outlined ongoing work on legislation, oversight, and licensing. He pointed out that these assets could facilitate cheaper remittances and support tokenization of public debt and real estate.

Call for regional cooperation

The minister called for enhanced cooperation among Digital Cooperation Organization member states to advance these goals. This dialogue occurred as part of the 81st Session of the United Nations General Assembly.

All 2 outlets report consistently

No differences in figures, names or dates across these reports.

  • Associated Press of Pakistan
  • Business Recorder

Reported by

2 independent outlets. Headlines as published. Links open the original report.