Pakistan Plans Mandatory Digital Payments, Raast QR Integration Under New Law
Pakistan’s Finance Division has drafted amendments to the PS&EFT Act, 2007 to mandate digital payment acceptance, expand Raast QR adoption, and empower local governments as part of the Cashless Pakistan initiative.
SBP Buys $1 Billion Forex in September 2025 as Pakistan’s FX Reserves Improve
The State Bank of Pakistan purchased $1 billion from the interbank market in September 2025, lifting annual FX intervention to $6.9 billion and supporting reserves amid improved external inflows and stable debt repayments.