Pakistan Pitches Economic Reforms and Digital Vision to Fintech Investors

The economic reforms and digital growth plans of Pakistan were presented to international fintech investors during a recent visit by a delegation from the Middle East. The briefing was led by Khurram Schehzad, advisor to Finance Minister Muhammad Aurangzeb, according to a statement issued by the Finance Division.

The advisor shared an overview of Pakistan’s improving economic conditions. He highlighted progress in macroeconomic stability and fiscal reforms. He also pointed to renewed confidence from global investors. According to the briefing, consistent policy implementation has helped strengthen the country’s economic foundations and improve its overall investment outlook.

Pakistan Pitches Economic Reforms and Digital Vision to Fintech Investors

The visiting delegation was led by Dr John Sfakianakis, Chairman of Fintech Solutions Holding. He is a well-known economist and investment strategist. The group also included Kirill Smolin, Chief Executive Officer of Fintech Solutions Holding, who has extensive experience in digital technologies and fintech. Their visit was facilitated by Tech Avenue (Pvt.) Ltd., represented by its CEO, Obaid Ul Haq, and board advisor, Khuram Rahat.

A major focus of the discussion was Pakistan’s Digital Pakistan Vision. This initiative is closely linked with the government’s broader reform agenda. The aim is to promote financial inclusion and bring more economic activity into the formal sector. The advisor explained that digitalisation is seen as a key driver of sustainable economic growth.

He outlined the Cashless and Digital Pakistan initiative. This plan is built around three main pillars. The first is innovation and adoption of digital payments. The second is the development of digital public infrastructure. The third is the digitisation of government payments. Together, these measures are designed to make financial transactions faster, safer, and more transparent.

The advisor also spoke about Raast, Pakistan’s instant payment system. Raast enables real-time and low-cost digital payments across the country. It allows different platforms to work together smoothly. This system is helping expand access to digital payments for individuals and businesses alike.

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An update was also shared on financial sector modernisation. The advisor highlighted progress under the State Bank of Pakistan’s Retail Digital Banking framework. This initiative has introduced clear regulations that follow international best practices. It aims to encourage innovation while ensuring financial stability.

He noted that Easypaisa Digital Bank has been operating for almost a year. Mashreq Digital Bank has also started operations in Pakistan. Their presence reflects growing international trust in Pakistan’s regulatory environment. Several other digital banks are preparing to launch, which is expected to further strengthen the digital ecosystem.

The discussion also covered future technologies. The advisor briefed investors on initiatives related to blockchain, Web3.0, and virtual assets. Work is underway on a responsible regulatory framework. The goal is to support innovation while ensuring compliance and investor protection.

The visiting investors appreciated the clarity of reforms and policy direction. They noted that Pakistan’s combined focus on economic stability, digital infrastructure, and emerging technologies offers strong opportunities for long-term investment and strategic partnerships.