ISLAMABAD: Prime Minister of Pakistan Muhammad Shehbaz Sharif was called on by a delegation from World Liberty Financial USA during which a Memorandum of Understanding was signed to promote digital and cross-border payments in Pakistan.
The delegation, led by Zachary Witkoff, CEO of World Liberty Financial, called on the Prime Minister. Deputy Prime Minister Ishaq Dar, Chief of Defense Forces and Chief of Army Staff Field Marshal Syed Asim Munir, Finance Minister Muhammad Aurangzeb, Special Assistant to the Prime Minister Syed Tariq Fatemi and Chairman Pakistan Virtual Assets Regulatory Authority Bilal Bin Saqib were also present on the occasion.
Welcoming the delegation, the Prime Minister shared his vision of Digital Pakistan, which aims to increase connectivity, accessibility, transparency and convenience for citizens. He said that digital payments and financial innovation are an important part of Pakistan’s rapidly growing digital economy.
The Prime Minister expressed satisfaction over the growing global interest in Pakistan’s digital financial sector and said that Pakistan is rapidly becoming a part of global digital finance.
On this occasion, Zachary Wittkoff expressed keen interest in cooperating with Pakistan in the field of secure and transparent digital payments system, especially in the field of cross-border payments and foreign exchange. He appreciated Pakistan’s policy framework and said that it is making the country a strong candidate in global digital finance.
Later, Prime Minister Muhammad Shehbaz Sharif and Field Marshal Syed Asim Munir witnessed the signing ceremony of a Memorandum of Understanding (MoU) between the Government of Pakistan and SC Financial Technologies LLC (an affiliate of World Liberty Financial). The MoU aims to promote technical and policy cooperation on a new system of cross-border digital payments.
The MoU was signed by Finance Minister Muhammad Aurangzeb and World Liberty Financial CEO Zachary Wittkoff.
