{"id":521208,"date":"2025-12-21T01:07:17","date_gmt":"2025-12-20T20:07:17","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=521208"},"modified":"2025-12-21T01:07:17","modified_gmt":"2025-12-20T20:07:17","slug":"govt-advisor-pitches-cashless-pakistan-vision-to-foreign-investors","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/govt-advisor-pitches-cashless-pakistan-vision-to-foreign-investors\/","title":{"rendered":"Govt advisor pitches \u2018Cashless Pakistan\u2019 vision to foreign investors"},"content":{"rendered":"<p> ISLAMABAD<br \/>\nKhurram Schehzad, Advisor to the Finance Minister of Pakistan, held a high-level strategic meeting with a delegation of leading international fintech investors from the Middle East, highlighting Pakistan\u2019s improving macroeconomic stability, reform momentum, and expanding digital investment landscape.<br \/>\nThe delegation was led by Dr. John Sfakianakis, Chairman, Fintech Solutions Holding, a globally recognized economist and investment strategist, and Mr. Kirill Smolin, Chief Executive Officer, Fintech Solutions Holding, an expert in digital technologies and fintech. The visit was facilitated by Tech Avenue (Pvt.) Ltd., represented by its Chief Executive Officer, Mr. Obaid Ul Haq, and its Advisor to the Board, Mr. Khuram Rahat.<br \/>\nDuring the meeting, the Advisor provided a comprehensive briefing on Pakistan\u2019s economic stabilization, fiscal reforms, and renewed global confidence, noting that consistent policy implementation and structural reforms have strengthened macroeconomic fundamentals and improved the country\u2019s investment outlook.<br \/>\nA key focus of the discussion was the Government of Pakistan\u2019s Digital Pakistan Vision, aligned with the broader reform agenda to promote financial inclusion and economic formalization.<br \/>\nThe Advisor highlighted the Cashless \/ Digital Pakistan initiative, structured around three pillars: digital payments innovation and adoption, digital public infrastructure, and digitization of government payments. These initiatives are supported by Raast, Pakistan\u2019s instant payment system, which is enabling real-time, low-cost, and interoperable digital payments nationwide.<br \/>\nProviding an update on financial sector modernization, Mr. Khurram Schehzad noted progress under the State Bank of Pakistan\u2019s Retail Digital Banking initiative, which has introduced a dedicated regulatory framework in line with international best practices.<br \/>\nHe shared that easypaisa Digital Bank has been operational for nearly a year, while Mashreq Digital Bank has also commenced operations in Pakistan, reflecting strong international confidence in the country\u2019s regulatory environment. Several other digital banks are advancing toward launch, further strengthening the digital ecosystem.<br \/>\nThe Advisor also briefed investors on Pakistan\u2019s forward-looking initiatives in Blockchain, Web3.0, and Virtual Assets, including work on a responsible regulatory framework and engagement with reputable global platforms to support innovation while ensuring compliance and investor protection.<br \/>\nThe investors expressed strong appreciation for the clarity of reforms and policy direction, noting that Pakistan\u2019s integrated approach to macroeconomic stability, digital infrastructure, and emerging technologies presents compelling opportunities for long-term investment and strategic partnerships.<br \/>\nThe meeting concluded with mutual agreement to remain engaged as discussions progress, reaffirming Pakistan\u2019s position as a reform-driven, innovation-ready, and increasingly competitive investment destination.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD Khurram Schehzad, Advisor to the Finance Minister of Pakistan, held a high-level strategic meeting with a delegation of leading international fintech investors from the Middle East, highlighting Pakistan\u2019s improving macroeconomic stability, reform momentum, and expanding digital investment landscape. The delegation was led by Dr. John Sfakianakis, Chairman, Fintech Solutions Holding, a globally recognized economist [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-521208","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Govt advisor pitches \u2018Cashless Pakistan\u2019 vision to foreign investors<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/govt-advisor-pitches-cashless-pakistan-vision-to-foreign-investors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Govt advisor pitches \u2018Cashless Pakistan\u2019 vision to foreign investors\" \/>\n<meta property=\"og:description\" content=\"ISLAMABAD Khurram Schehzad, Advisor to the Finance Minister of Pakistan, held a high-level strategic meeting with a delegation of leading international fintech investors from the Middle East, highlighting Pakistan\u2019s improving macroeconomic stability, reform momentum, and expanding digital investment landscape. 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