Govt cashless economy Initiatives to ensure sustainable growth

ISLAMABAD
Prime Minister Shehbaz Sharif on Monday emphasized that the ongoing initiatives to transform the country into a cashless economy will play a vital role in ensuring sustainable development.
Chairing a meeting to review progress on these initiatives, the prime minister directed the relevant authorities to intensify awareness campaigns in rural areas to eliminate the traditional cash-based economy and accelerate the shift towards a fully digital financial system.
“The entire world is moving towards a digital economy, and Pakistan must move forward alongside it,” the prime minister said. He noted that from the very beginning, his government had prioritized measures to promote digitalization, which were now yielding positive results.
He mentioned that for the first time, during the holy month of Ramazan, the government successfully transferred financial assistance to deserving families under the Benazir Income Support Programme (BISP) through digital wallets.