Govt reaffirms commitment to cashless economy

Mettis Global reported that the federal government has restated its drive toward a cashless economy, aiming to widen digital access to finance nationwide. Bilal Azhar Kayani, Minister of State for Railways and Finance, made the comments while meeting the leadership of JS Bank and Zindigi. According to the release, the minister said Prime Minister Shehbaz Sharif is personally overseeing the campaign.

Kayani cited significant progress over the past year and said the government wants to make the economy more formal and transparent by moving payments to digital channels. A JS Bank delegation, led by President and CEO Basir Shamsie and including Zindigi-JS Bank Chief Officer Noman Azhar and Chief Business Officer Atif Ishaque, met him at the Finance Division. They discussed ways to expand digital financial services and support the national plan for a more digital economy.

The delegation welcomed the administration's continuing policy steps, which seek to encourage cashless commerce and formal financial uptake in all sectors. Both sides stressed public-private partnership and pledged to keep collaborating on digital financial services, stronger digital infrastructure and broader use of cashless solutions nationwide.