SBP Expands Raast & PayPak to Reduce Foreign Payment Reliance
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1 Articles
SBP Expands Raast & PayPak to Reduce Foreign Payment Reliance
The State Bank of Pakistan (SBP) has accelerated its efforts to reduce Pakistan’s dependency on expensive international card networks like Visa and MasterCard, which settle transactions in USD and add pressure to the country’s foreign reserves. In a recent briefing to the Senate Standing Committee on Finance and Revenue, SBP outlined strategic steps taken to […] The post SBP Expands Raast & PayPak to Reduce Foreign Payment Reliance appeared firs…
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