Published on, Sept. 20 -- September 20, 2025 1:43 PM

Pakistan has joined the Arab Monetary Fund's Buna payment platform, a landmark integration aimed at enabling cross-border transactions and enhancing financial connectivity with Arab nations. The arrangement will allow only inflows from overseas Pakistanis, without providing any option for outward transfers. This development, shared during a National Assembly Standing Committee on Finance meeting in Islamabad, underscores Pakistan's effort to boost remittances and modernize its financial ecosystem while aligning with global digital payment systems.

State Bank of Pakistan (SBP) Governor Jameel Ahmed revealed that digital payment transactions now exceed Rs1 trillion every nine days, a dr...