Tag: fintech policy Pakistan

Digital Nation Pakistan 2025 to Drive Crypto Regulation, E-Governance, and Financial Inclusion

Advisor to the Finance Minister Khurram Schehzad says Digital Nation Pakistan 2025 is a comprehensive vision focused on digital governance, crypto regulation, and financial inclusion.

SBP Simplifies Foreign Investment Rules for Pakistan’s IT Companies with Major Policy Shift

The State Bank of Pakistan has introduced key reforms to its Foreign Exchange Manual, granting IT companies greater flexibility to establish subsidiaries and invest abroad under a simplified general permission regime.

Pakistan Senate Committee Supports Development of Local Alternative to Visa and Mastercard

A Senate committee in Pakistan has voiced support for a locally developed payment card scheme to compete with global giants Visa and Mastercard, aiming to enhance financial autonomy and reduce foreign dependency.

Cashless Economy at Crossroads as Pakistan Weighs Incentives Versus Penalties

A government committee recommends fast-tracking Pakistan’s shift to a cashless economy with either digital tax breaks or cash surcharges. With the informal sector valued at $140 billion, the future of payment policy will be decided in the upcoming June budget.