Foreign fintech investors were educated on Pakistan’s reform objectives and digital growth goals.

KARACHI: (Web Desk) – Pakistan promoted its digital finance and fintech reforms to international investors on Saturday as part of a larger attempt to attract capital following macroeconomic stabilization, with a top official emphasizing advances in digital banking, payments infrastructure, and regulatory revision.

The outreach comes as Islamabad strives to maintain reform momentum after a period of economic turmoil, highlighting technology-led financial inclusion as a key component of its recovery and growth plan and courting overseas investment.

Khurram Schehzad, the finance minister’s adviser, informed a group of foreign fintech investors on Pakistan’s reform agenda and digital growth objectives at a meeting in the federal capital, according to a finance ministry release.

“Consistent policy implementation and structural reforms have strengthened macroeconomic fundamentals and improved Pakistan’s investment outlook,” he said. He added that this has “renewed global confidence” associated with the economy.

Officials stated that the discussions centered on the government’s Digital Pakistan Vision, which includes measures to promote digital payments, establish public digital infrastructure, and automate government activities in order to increase financial inclusion and formalize the economy.

Schehzad acknowledged the role of Raast, Pakistan’s instant payment system that allows for real-time, low-cost, and interoperable digital payments across the country, as well as regulatory measures implemented by the State Bank of Pakistan to modernize retail digital banking.

Easypaisa Digital Bank has been functioning under the new framework for about a year, and Mashreq Digital Bank has already commenced operations, with numerous additional digital banks on the verge of launching, according to the statement.

The adviser also discussed Pakistan’s efforts to create a regulatory framework for blockchain, Web3.0, and virtual assets, stating that authorities were working with worldwide platforms to foster innovation while assuring compliance and investor safety.

The investment delegation was headed by Fintech Solutions Holding chairman John Sfakianakis and Kirill Smolin, the company’s CEO, and organized by local technology firm Tech Avenue.

Investors praised Pakistan’s “clarity of reforms and policy direction,” citing the country’s mix of macroeconomic stability, digital infrastructure, and new technologies as potential for long-term investment and strategic collaborations, according to the ministry.