Pakistan’s finance minister Aurangzeb advocates for central bank digital currency

Pakistan’s plans to develop a central bank digital currency (CBDC) received renewed attention on Sunday when Finance Minister Muhammad Aurangzeb brought up the topic during a special meeting of the World Economic Forum (WEF) in Riyadh. Aurangzeb pointed out that Pakistan’s biggest economic challenge is its sizable undocumented sector, which accounts for about half of […]