
Khurram Schehzad, Advisor to the Finance Minister of Pakistan, met a delegation of leading international fintech investors from the Middle East to discuss Pakistan’s economic reforms and digital investment landscape.
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A delegation of international fintech investors from the Middle East met with Pakistan’s finance leadership to discuss digital finance and investment opportunities. The delegation was led by Dr John Sfakianakis, Chairman of Fintech Solutions Holding, and Kirill Smolin, Chief Executive Officer of the firm, with the visit facilitated by Tech Avenue Private Limited represented by its Chief Executive Officer Obaid Ulhaq and Advisor to the Board Khuram Rahat. During the meeting, Khurram Schehzad, advisor to the Ministry of Finance, Government of Pakistan, briefed participants on Pakistan’s economic stabilisation measures, fiscal reforms and improving investment outlook.
The advisor highlighted the government’s Digital Pakistan Vision and the Cashless and Digital Pakistan initiative, which is structured around digital payments adoption, digital public infrastructure and digitisation of government payments. He noted that these efforts are supported by Raast, Pakistan’s instant payment system, which enables real time and low cost digital transactions.
Schehzad also shared updates on financial sector modernisation under the State Bank of Pakistan (SBP)’s Retail Digital Banking initiative. He said easypaisa digital bank has been operational for nearly a year, while Mashreq Digital Bank has also begun operations. The investors expressed appreciation for the policy direction and agreed to remain engaged as discussions move forward.
