A top government official met with a high-level delegation of international fintech investors on Saturday, presenting Pakistan”s economic stabilization and rapidly expanding digital financial landscape as a compelling opportunity for significant foreign capital.
Mr. Khurram Schehzad, Advisor to the Finance Minister, held the strategic meeting with a delegation from Fintech Solutions Holding, a prominent Middle East-based investment firm. The visit was facilitated by Tech Avenue (Pvt.) Ltd.
The investment group was led by its Chairman, Dr. John Sfakianakis, a globally recognized economist, and Chief Executive Officer, Mr. Kirill Smolin, an expert in digital technologies.
During the session, the Advisor provided a comprehensive briefing on the nation”s improved macroeconomic fundamentals, attributing the positive investment outlook to consistent policy implementation and structural reforms that have renewed global confidence.
Central to the discussion was the government”s “Digital Pakistan Vision,” an agenda aimed at enhancing financial inclusion and formalizing the economy. Mr. Schehzad detailed the “Cashless / Digital Pakistan” initiative, which is structured around digital payments innovation, public infrastructure, and the digitization of government payments.
These national efforts are underpinned by Raast, Pakistan’s instant payment system, which enables real-time, low-cost, and interoperable digital transactions across the country.
Progress in financial sector modernization was also highlighted, with the Advisor noting the State Bank of Pakistan”s dedicated regulatory framework for digital banking. He cited the operational success of easypaisa Digital Bank for nearly a year and the recent launch of Mashreq Digital Bank as proof of strong international trust in the regulatory environment.
The official also informed the investors about Pakistan’s forward-looking initiatives in Blockchain, Web3.0, and Virtual Assets, including the development of a responsible regulatory framework to support innovation while ensuring compliance and investor protection.
The investors expressed strong appreciation for the clarity of the reforms and policy direction, acknowledging that Pakistan”s integrated approach to economic stability and digital infrastructure presents attractive opportunities for long-term strategic partnerships.
The meeting concluded with a mutual agreement to continue engagement as discussions progress, reaffirming the country”s position as an innovation-ready and increasingly competitive investment destination.