PM: Digitalisation Crucial for Building a Transparent Economy

Prime Minister Shehbaz Sharif emphasized the need for a nationwide digital transaction system to enhance transparency in Pakistan’s economy. Speaking on July 3, 2025, he highlighted that adopting digital payment methods would streamline financial processes, reduce cash-based transactions, and curb illicit financial activities. This initiative aligns with efforts to modernize the country’s economic framework and foster accountability.

The push for digitalisation comes as Pakistan aims to strengthen its financial systems amid global economic shifts. Digital transactions enable real-time tracking, minimize corruption risks, and improve tax compliance, according to government statements. The Prime Minister urged swift implementation to ensure businesses and citizens benefit from a more efficient and transparent economic environment.

Recent discussions on X reflect public support for this move, with users noting that digital systems could boost investor confidence and simplify trade. However, some expressed concerns about accessibility in rural areas, where internet connectivity and digital literacy remain limited. The government has yet to outline specific plans to address these challenges, but initiatives like expanding mobile banking and digital wallets are already underway.

This development signals Pakistan’s commitment to aligning with global standards for financial transparency and economic modernization.

Published in SouthAsianDesk, July 4th, 2025

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