Finance Minister Advises State Bank to Introduce Cryptocurrency

Federal Finance Minister Muhammad Aurangzeb has urged the State Bank to consider introducing cryptocurrency, acknowledging its growing use in the informal market. Speaking at the Pakistan Banking Summit 2025, he emphasized digital banking expansion and the need for a regulatory framework for digital assets and AI. He confirmed that the IMF mission will visit in March to review Pakistan’s economic performance, while PIA’s privatization is on track for this year. The minister highlighted tax reforms, export diversification, and SME financing, stressing the importance of regional trade and foreign investment for sustainable growth. He also noted Pakistan’s macroeconomic stability, citing reduced inflation, lower interest rates, and current account surplus.

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City Karachi

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