PM directs authorities to map out cashless economy transition
- Prime Minister Shehbaz Sharif directed authorities to create a roadmap with timelines and targets for nationwide digital payments.
- The government expects most federal and provincial institutions to digitize payments by December 2026.
- Cheque payments under Easy Assignment Accounts will end on November 15, 2026, with Raast processing all such payments from November 16.
- Shehbaz Sharif approved reforms to modernize the Trade Development Authority of Pakistan, with full implementation targeted by mid-2027.
11 Articles
11 Articles
Use of cheques will be stopped: All AAA payments only via Raast from 16th
ISLAMABAD: In a major step towards promoting a cashless economy, the government announced on Friday that cheque-based payments under Asaan Assignment Accounts (AAA) system would be discontinued from November 15, with all payments to be made exclusively through Raast from November 16. The decision was announced at a high-level meeting on the promotion of a cashless economy, chaired by Prime Minister Shehbaz Sharif. Officials briefed the meeting t…
PM seeks roadmap for establishing 100pc digital payments system
ISLAMABAD - Prime Minister Shehbaz Sharif on Friday directed the relevant authorities to present a clear roadmap, with specific timelines and targets, for establishing a 100 percent digital payments system across the country.
PM seeks roadmap for ‘100pc’ digital payments system, stresses countrywide internet access
Meeting on cashless economy informed that payments in “most institutions” would be fully digitised by Dec; campaign ordered to encourage payments of electricity, gas bills via QR codes.
Pakistan Moves Towards Cashless Economy as PM Orders Digital Payment Roadmap
Copyright protected content copied from PhoneWorld website. Prime Minister Shehbaz Sharif has directed relevant authorities to develop a clear roadmap with specific timelines and targets to establish a digital payment system across Pakistan. The government aims to accelerate the transition towards a cashless economy by improving internet connectivity and making digital payment services accessible to the public. The prime minister issued these …
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