PM directs authorities to map out cashless economy transition

Prime Minister Shehbaz Sharif has asked officials to set timelines and measurable goals for shifting Pakistan towards a fully digital payment system. The Express Tribune reported that he issued the direction during a meeting in Islamabad reviewing the government’s cashless economy programme.

Sharif also called for wider internet access, prompt handling of digital-payment complaints and promotion of QR transactions between businesses and consumers through Raast. Officials said most federal and provincial institutions were expected to complete payment digitalisation by December, while all BISP payments were already being made through digital wallets. From November 16, payments into Asaan Assignment Accounts are to use Raast, with cheque deposits ending from November 15.