The government's ambition to turn Pakistan into a cashless economy is laudable. However, without addressing the deep-rooted structural and practical issues on the ground, it risks remaining little more than a slogan. With over Rs9.5 trillion in cash circulating in the economy, the dominance of physical currency shows how distant the dream of a truly digital Pakistan still is.

Despite encouraging initiatives like the State Bank's Raast platform and the rapid spread of mobile banking........

© The Express Tribune