Pakistan Signs MoU with World Liberty Financial for Digital Payments

Islamabad: (Web Desk) Prime Minister Muhammad Shahbaz Sharif met with a delegation from World Liberty Financial, USA, during which a Memorandum of Understanding (MoU) was signed to promote digital and cross-border payments in Pakistan.

The delegation was led by World Liberty Financial CEO Zakri Witkoff. The meeting was attended by Deputy Prime Minister Ishaq Dar, Chief of Defence Forces and Army Chief Field Marshal Syed Asim Munir, Finance Minister Muhammad Aurangzeb, Prime Minister’s Special Assistant Syed Tariq Fatemi, and Chairman of Pakistan Virtual Assets Regulatory Authority Bilal Bin Saqib.

Prime Minister Shahbaz Sharif welcomed the delegation and briefed them on his vision of Digital Pakistan, aimed at improving connectivity, access, transparency, and convenience for citizens. He emphasized that digital payments and financial innovation are key components of Pakistan’s rapidly growing digital economy.

Expressing satisfaction over the global interest in Pakistan’s digital financial sector, the Prime Minister said the country is rapidly becoming part of the global digital finance ecosystem.

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CEO Zakri Witkoff highlighted World Liberty Financial’s keen interest in collaborating with Pakistan on secure and transparent digital payments, particularly in cross-border transactions and foreign exchange. He praised Pakistan’s policy framework, calling it a strong foundation for the country to emerge as a global contender in digital finance.

Following the meeting, Prime Minister Shahbaz Sharif and Field Marshal Asim Munir witnessed the signing of the MoU between the Government of Pakistan and SC Financial Technologies LLC, an affiliate of World Liberty Financial. The MoU aims to enhance technical and policy-level cooperation on new cross-border digital payment systems.

The MoU was signed by Finance Minister Muhammad Aurangzeb and CEO Zakri Witkoff.