{"id":45820,"date":"2024-08-22T13:27:23","date_gmt":"2024-08-22T08:27:23","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=45820"},"modified":"2024-08-22T13:27:23","modified_gmt":"2024-08-22T08:27:23","slug":"pm-shehbaz-inaugurates-buna-raast-connectivity-project","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/business\/pm-shehbaz-inaugurates-buna-raast-connectivity-project\/","title":{"rendered":"PM Shehbaz inaugurates Buna Raast connectivity project"},"content":{"rendered":"<p>ISLAMABAD: <a href=\"https:\/\/dailyausaf.com\/en\/business\/sindh-bank-limited-and-sindh-enterprise-development-fund-sign-institutional-collaboration-agreement\/\">Prime Minister Muhammad Shehbaz Sharif<\/a> inaugurated the Buna-Raast connectivity project in Islamabad in a significant move to boost remittances from the Arab world. This groundbreaking initiative integrates Pakistan&#8217;s digital payment system, Raast, with Buna established under the <a href=\"https:\/\/dailyausaf.com\/en\/pakistan\/another-11-beggars-offloaded-from-saudi-arabia-bound-flight\/\">Arab Monetary Fund&#8217;s<\/a> platform.<\/p>\n<p>The Prime Minister described the project as a modern digital milestone in Pakistan&#8217;s historic relations with the Arab world, facilitating swift and affordable remittances for overseas Pakistanis. He emphasized that this pioneering cross-border real-time payment system marks a significant first for Pakistan.<\/p>\n<p>Addressing economic challenges at the occasion, PM Shehbaz Sharif announced plans to introduce a comprehensive five-year economic program, crafted through extensive stakeholder consultations. The program aims to revitalize the economy, with a focus on key sectors like agriculture and IT.<\/p>\n<p><a href=\"https:\/\/dailyausaf.com\/en\/pakistan\/finance-minister-anticipates-approval-of-imf-staff-level-agreement-by-end-of-august\/\">Finance Minister<\/a> Muhammad Aurangzeb expressed optimism about macroeconomic stability taking hold in Pakistan, citing renewed investor confidence. He anticipated that the IMF&#8217;s Extended Fund Facility would cement this stability.<\/p>\n<p>The government, Aurangzeb assured, is committed to structural reforms in areas like energy and taxation. He highlighted the vital role of remittances in Pakistan&#8217;s economy, noting that the country received $3 billion in remittances in July. The Buna-Raast project would further enhance remittance flows, he added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif inaugurated the Buna-Raast connectivity project in Islamabad in a significant move to boost remittances from the Arab world. This groundbreaking initiative integrates Pakistan&#8217;s digital payment system, Raast, with Buna established under the Arab Monetary Fund&#8217;s platform. The Prime Minister described the project as a modern digital milestone in Pakistan&#8217;s [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":45823,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[5415,20716,20717,20718],"class_list":["post-45820","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-prime-minister-shehbaz-sharif","tag-arab-monetary-fund","tag-buna-raast-program","tag-pakistan-digital-payment"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/45820","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=45820"}],"version-history":[{"count":1,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/45820\/revisions"}],"predecessor-version":[{"id":45825,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/45820\/revisions\/45825"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/45823"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=45820"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=45820"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=45820"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}