Digital technology boosts financial access for 3.2m women in Pakistan

News Image

MG News | November 08, 2023 at 10:41 AM GMT+05:00

November 08, 2023 (MLN): The Asaan Mobile Account (AMA) initiative has led to the opening of 8.5 million new bank accounts, including 3.2m for women, & BISP, which provides financial assistance to 8m families using digital payments, Dr. Shamshad Akhtar, Caretaker Federal Minister for Finance, Revenue, & Economic Affairs, highlighted on Tuesday.

Dr. Shamshad Akhtar was addressing the Pakistan Spotlight Day at the WEF - Edison Alliance event on the said day.

She congratulated the Alliance on the success achieved on the 1 Billion Lives Challenge, with a focus on accelerating digital inclusion for the 1.4bn unbanked population in developing countries.

She further underscored the need to make digital technology more cost-effective & affordable for developing countries.

The finance minister stressed the need to replicate the successful Alliance initiatives in healthcare, education, & finance across developing economies.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 180,104.61
388.90M
-0.11%
-206.60
ALLSHR 108,838.05
888.10M
-0.14%
-150.10
KSE30 53,603.57
82.09M
-0.20%
-109.40
KMI30 252,988.26
112.53M
-0.14%
-356.16
KMIALLSHR 69,789.36
622.55M
0.02%
11.95
BKTi 51,939.19
21.86M
-0.35%
-181.79
OGTi 35,691.88
10.10M
0.01%
3.44
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 63,230.00 64,115.00
62,865.00
-225.00
-0.35%
BRENT CRUDE 87.78 89.07
85.85
-1.20
-1.35%
RICHARDS BAY COAL MONTHLY 110.25 110.50
110.25
-0.50
-0.45%
ROTTERDAM COAL MONTHLY 122.00 122.00
122.00
-0.60
-0.49%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00
0.00
0.00%
CRUDE OIL - WTI 82.05 83.30
80.09
-1.22
-1.47%
SUGAR #11 WORLD 16.75 16.84
16.27
0.33
2.01%

Chart of the Day


Latest News
August 13, 2026 at 04:59 PM GMT+05:00

SECP suspends proposed acquisition of Al Shaheer corporation


August 13, 2026 at 04:39 PM GMT+05:00

Supernet fixes August 19 launch for 85% right share trading


August 13, 2026 at 04:23 PM GMT+05:00

Foreign currency deposits rise by $118m in July 2026


August 13, 2026 at 04:16 PM GMT+05:00

PKR holds firm against USD



Top 5 things to watch in this week

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