ISLAMABAD: A parliamentary committee was informed on Thursday that Pakistan plans to digitise all payments by the federal, provincial, and local governments, as well as state-owned enterprises, by June 2026. This initiative is part of a broader move towards a cashless economy.

State Bank of Pakistan (SBP) Governor Jameel Ahmad briefed the National Assembly Standing Committee on Finance and Revenue, outlining the country’s progress in developing a digital payments ecosystem. He discussed the current infrastructure, achievements, and emerging trends, noting that 88 per cent of retail transactions are now conducted digitally.

He added that........

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