Aftab Baloch, formerly of Pakistan’s Ministry of Finance and Federal Board of Revenue
Tuesday, November 25, 2025
Categories
Country Profile
Challenges to Cash in Pakistan and the Way Forward
In Pakistan, cash is more than a currency. It is a culture, convenience, and continuity which is woven deep into the nation’s economic identity. From the crowded street vendors in Karachi to elaborate wedding ceremonies in rural Punjab, the tangible crinkle of banknotes remains king. While much of the world surges towards digital transactions, Pakistan walks a slower, more tentative path.
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