Thursday, 15 January 2026 | Web Desk
In a significant move to modernize its financial infrastructure, the Government of Pakistan has signed a Memorandum of Understanding (MoU) with the American fintech company World Liberty Financial. The agreement aims to foster innovation in digital payments, marking a pivotal step in Pakistan’s journey toward a robust digital economy.
The signing ceremony was attended by the nation’s top leadership, including Prime Minister Shehbaz Sharif, Deputy Prime Minister Ishaq Dar, Chief of Defence Forces Field Marshal Syed Asim Munir, Finance Minister Muhammad Aurangzeb, and the Chairman of Pakistan’s Virtual Asset Regulatory Authority, among other high-ranking officials.
Prior to the ceremony, Prime Minister Sharif met with the World Liberty Financial delegation, led by its Chief Executive Officer, Zachary Witkoff. The Prime Minister briefed the delegation on the vision of a “Digital Pakistan,” emphasizing that digital connectivity, transparency, and public access are top priorities for his government. He stated that digital payments and financial innovation are integral components of this digital economic transformation.
“Growing international interest in Pakistan’s digital financial markets is encouraging,” Prime Minister Sharif remarked. “Pakistan is becoming a part of the global digital finance ecosystem.”
Zachary Witkoff expressed his company’s keen interest in collaborating with Pakistan to develop a secure and transparent digital payments infrastructure. This partnership is expected to introduce innovations in cross-border settlements and foreign exchange processes, which could streamline trade and remittances.
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The collaboration underscores Pakistan’s commitment to attracting foreign expertise to leapfrog into the digital age, enhancing financial inclusion and integrating more deeply with global financial networks.