Digital transformation key to Pakistan’s sustainable growth: Aurangzeb

Business Recorder reported that Finance Minister Muhammad Aurangzeb, speaking at a high-level ministerial dialogue of the Digital Cooperation Organization in New York, described digital change as essential to moving Pakistan from economic stabilisation to lasting growth. The remarks, released by the Finance Division on Wednesday, came while the minister was in New York for the 81st session of the United Nations General Assembly.

Aurangzeb stressed building public digital infrastructure and widening the use of cashless payments, while arguing that the agenda should move beyond connectivity to include broad upskilling and reskilling. He said stronger digital skills could allow freelancers and other digital workers to shift toward higher-value work, boosting the digital economy. He also referred to the growing take-up of virtual assets and Pakistan's effort to create a regulatory structure that spans laws, supervision and licences.

Further remarks covered the potential of virtual assets beyond cryptocurrency, including cheaper and smoother remittances, and tokenisation of public debt and real estate. He called for closer cooperation among DCO member states to share experiences, exchange policy approaches and draw investment into the digital economy. The minister's presence at the dialogue reflects Pakistan's wider plan to use technology in its growth strategy.