Pakistan showcases digital social protection at World Bank Roundtable

News Image

MG News | April 18, 2026 at 07:56 PM GMT+05:00

0:00

April 18, 2026 (MLN): Pakistan has highlighted its Digital Public Infrastructure journey and the digital transformation of the Benazir Income Support Programme as models for delivering social protection, with the Finance Minister underlining that digital social protection is not merely a payment mechanism but a vehicle for financial inclusion and long-term economic empowerment.

Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, participated in a roundtable titled "Delivering Social Protection Digitally: Lessons and Innovations from Pakistan, Middle East and North Africa," organized by the World Bank on the sidelines of the World Bank–IMF Spring Meetings in Washington, D.C, according to a press release issued.

Opening the session, the Finance Minister drew a parallel between COVID-19, described as the largest demand shock in recent history, and the ongoing Middle East conflict, which he characterized as the largest supply shock.

He noted that countries that had invested early in governance and technology were better positioned during COVID-19 and that Pakistan is now reaping similar dividends from its digital infrastructure as it navigates the current energy supply shock.

The Finance Minister highlighted that targeted digital subsidies for two-wheelers, public transport, and small farmers are being disbursed seamlessly through an established digital payments ecosystem already in place.

He emphasised that by enabling beneficiaries, particularly women, to access formal bank accounts and transact digitally, Pakistan is building the foundation for long-term economic participation and greater documentation of the informal economy.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 173,939.01
704.34M
2.37%
4027.06
ALLSHR 103,800.94
1,437.41M
2.39%
2426.33
KSE30 52,809.97
362.40M
2.60%
1336.81
KMI30 250,755.67
244.03M
1.91%
4699.35
KMIALLSHR 67,535.39
726.81M
2.02%
1339.91
BKTi 48,513.82
194.95M
4.11%
1916.74
OGTi 36,285.58
28.58M
3.08%
1083.83
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 77,545.00 78,545.00
74,645.00
2035.00
2.70%
BRENT CRUDE 92.42 98.98
86.09
-6.97
-7.01%
RICHARDS BAY COAL MONTHLY 103.25 103.25
103.25
0.00
0.00%
ROTTERDAM COAL MONTHLY 101.45 102.95
101.45
-1.50
-1.46%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00
0.00
0.00%
CRUDE OIL - WTI 84.00 90.34
78.97
-7.17
-7.86%
SUGAR #11 WORLD 13.50 13.89
13.39
-0.30
-2.17%

Chart of the Day


Latest News
April 18, 2026 at 08:04 PM GMT+05:00

FM stresses USA role in Pakistan's IMF programme


April 18, 2026 at 07:44 PM GMT+05:00

Pakistan looks to reinvigorate Citibank partnership


April 18, 2026 at 07:29 PM GMT+05:00

Aurangzeb makes strong rating upgrade case to S&P Global



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg