ISLAMABAD
\nPrime Minister Imran Khan has said that the country\u2019s population can be turned into a real asset by bringing them into the formal economy through digitisation.
\nThe prime minister said this while addressing the launching ceremony of Pakistan\u2019s first instant person to person payment system \u2018Raast\u2019 on Tuesday.
\nThe prime minister said that Raast will facilitate the common man to do their transactions through cell phones, besides it will also help improve the saving rates.
\nHe said, \u201cTechnology is the way through which we can enhance our saving rates as well as tax to GDP ratio to take the country forward. We are also using technology in the Federal Board of Revenue (FBR) in order to trace those who are not paying taxes regardless of lavish lifestyle.\u201d
\nKhan reaffirmed the commitment to lift the people out of poverty, saying, \u201cIf we succeed in it, it will be the present government\u2019s big achievement.\u201d
\nThe prime minister also directed the governor State Bank of Pakistan to establish a special cell to further facilitate the overseas Pakistanis. He said, \u201cOverseas Pakistanis are our biggest asset and we need to further facilitate them.\u201d
\nAppreciating the efforts of SBP to facilitate people over the banking system, he said the common man often hesitated in visiting the banks, stressing that steps at \u2018bottom up\u2019 would bring the commoners into formal economy by easing their modes of payments and transactions through opening of accounts via Raast.
\nThe prime minister said the performance of the Pakistan Tehreek-e-Insaf government would be judged in the year 2023 on the basis of its measures to reduce poverty. The UNDP report had placed Khyber Pakhtunkhwa as the only province in the country where the PTI\u2019s government during its first term had successfully reduced poverty, he added.
\nThe prime minister said due to such achievement, the people in KPK voted for the PTI in the 2018 elections. He further opined that it would be a great success of his government to lift the people out of poverty.
\nThe Covid pandemic has affected the world population alike but the government in Pakistan took measures to save its people from the economic meltdown and inflation, he further said.<\/p>\n","protected":false},"excerpt":{"rendered":"
ISLAMABAD Prime Minister Imran Khan has said that the country\u2019s population can be turned into a real asset by bringing them into the formal economy through digitisation. The prime minister said this while addressing the launching ceremony of Pakistan\u2019s first instant person to person payment system \u2018Raast\u2019 on Tuesday. The prime minister said that Raast […]<\/p>\n","protected":false},"author":2,"featured_media":244669,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[2],"tags":[3813,651],"class_list":{"0":"post-244651","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-top-news","8":"tag-digitisation","9":"tag-economy"},"yoast_head":"\n