President Dr Arif Alvi on Monday said Pakistan’s embarking on the journey of digital economy was important in controlling financial corruption and bringing more people into the tax net. Addressing the soft launch of Financial Pakistan Expo 2020 here at the Aiwan-e-Sadr, the president called upon the banking sector to ensure financial inclusiveness for extending benefits to all segments of the society, including the underprivileged, women and disabled. The Financial Pakistan Expo 2020 is aimed at bringing forward key value propositions notably in areas of enabling infrastructure finance, boosting international trade and investment flows, and deepening financial inclusions. President Alvi said faster digital transactions resulted into stronger and stable economy. He said ensuring an equity-based and non-elitist approach in health and education sectors was significant for the development and prosperity of the nation in real terms. The president lauded the country’s banking sector to adapt to new modes of financial system that also helped during the coronavirus pandemic. He stressed on cashless and common system of payment, as currently in place in China and other developed countries, to maximum facilitate the consumers and also benefit the national economy.
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