Pakistan PM announces five-year economic program, focuses on agri, IT, and other sectors; initiates Buna-Raast cross-border payment system for swift remittances.

Pakistan's Prime Minister, Shehbaz Sharif, announced a five-year economic program to revitalize the economy by focusing on agriculture, IT, and other untapped sectors. The Buna-Raast connectivity project, Pakistan's first cross-border real-time payment system, aims to expand digital payment infrastructure, improve digital governance, and formalize remittance flows. The project enables millions of overseas Pakistanis in Arab countries to send remittances swiftly, affordably, and effectively.

August 22, 2024
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