Pakistan is standing at an important crossroads. The global economy is changing rapidly, moving towards digital tools, online services, and new technologies. Finance Minister Muhammad Aurangzeb has stressed that Pakistan must not waste time and must speed up its transition to the digital economy. Speaking at the Leadership Summit on Blockchain and Digital Assets in Islamabad, he explained that technology and innovation are no longer optional they are essential for survival and growth in today’s world.
Growing role of digital economy in Pakistan’s future development
Aurangzeb highlighted that Pakistan’s young population is already active in the digital sector. Around 10 to 15 percent of Pakistanis, nearly 20 to 25 million people, are involved in digital assets, freelancing, or online businesses. This makes Pakistan one of the largest emerging digital communities in Asia.
The finance minister explained that this energy and creativity from the youth must be supported by clear policies and a safe digital framework. Moreover, he emphasized that well-structured rules are necessary to guide innovation in the right direction. Otherwise, Pakistan risks the misuse of technology, which could harm its reputation with international partners like the Financial Action Task Force. Therefore, timely action on regulations will not only protect the country’s image but also build trust and confidence in the global digital economy.
Aurangzeb also spoke about the transformative power of blockchain technology. Instead of repeating customer verification at every bank, blockchain-based systems can allow faster, safer, and cheaper digital banking services.
Government support for youth-driven digital entrepreneurship in Pakistan
Aurangzeb made it clear that the government will not directly run businesses but instead create the right environment for private firms and young entrepreneurs to thrive.Furthermore, he praised the role of freelancers, software developers, and digital startups, who are already putting Pakistan on the global technology map. In addition, he highlighted how their work shows the potential of young innovators to compete internationally and strengthen the country’s digital economy.
He also called for strong partnerships between universities, the private sector, and the government. These collaborations can help create a skilled workforce that understands artificial intelligence, blockchain, and Web 3.0 technologies that will define the future economy.
Pakistan’s long-term digital economy vision under Uraan Pakistan plan
This digital shift also fits into the government’s broader Uraan Pakistan 2029 vision, which aims to build a modern, export-driven, and socially inclusive economy. The plan focuses on creating jobs, encouraging exports, and improving public services through technology.
By linking new economic policies with long-term plans, Pakistan can move away from repeated financial crises and build sustainable growth powered by technology and innovation.
Finance Minister Aurangzeb’s message was direct Pakistan cannot afford to delay. The country has the talent, creativity, and youthful energy to succeed in the new economy. What it needs now are strong laws, proper regulation, and government support for innovation.
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