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PM Shehbaz engages Bilal Bin Saqib on future of digital finance

Bilal Bin Saqib briefed the prime minister on the transition of the PVARA.

LAHORE: Prime Minister Shehbaz Sharif held a meeting with Minister of State and Chairman of the Pakistan Virtual Assets Regulatory Authority Bilal Bin Saqib to discuss the development of the country’s digital economy.

During the meeting, the prime minister directed that an effective, globally aligned regulatory system for virtual assets be made fully operational at the earliest to enhance investor confidence and promote growth in Pakistan’s digital economy.

He emphasized the need for special initiatives to train youth in modern technologies, particularly Artificial Intelligence and digital finance, to equip the workforce with skills required for the future.

Bilal Bin Saqib briefed the prime minister on the transition of the Pakistan Virtual Assets Regulatory Authority into a fully operational regulator, as well as the launch of a regulatory sandbox.

The briefing highlighted ongoing innovation in areas such as AI-powered payments and regulated virtual asset services.

It was also noted that efforts are underway to prepare national institutions, human resources, and regulatory frameworks for the next wave of economic transformation.

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