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Pakistan, Morocco discuss economic partnership, cooperation in diverse fields

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The Caretaker Federal Minister for Finance Dr Shamshad Akhtar on Saturday held a meeting with the Moroccan Minister for Trade and Industry, Ryad Mezzour, during her visit to Morocco.

During the meeting, they discussed economic partnerships and cooperation in various fields. Both also expressed their mutual determination to strengthen their collaboration.

It’s important to note that sideline meetings of the finance minister are ongoing during the annual meetings of the International Monetary Fund and the World Bank.

Earlier, Chief Executive Officer of Global Growth and Opportunity Division, Bill and Melinda Gates (BMG) Foundation, Mark Suzman, met the Caretaker Minister for Finance, Revenue and Economic Affairs, Dr. Shamshad Akhtar.

The meeting was held on the sidelines of annual meeting of the World Bank and International Monetary Fund (IMF), said a press release issued by the Ministry of Finance.

Building on previous discussions in Pakistan, the meeting centered on Pakistan Digital Stack like the next generation of Raast-supported Digital Public Infrastructure (DPI) which Pakistan can introduce with BMG Foundation’s help. The meeting was followed by the signing of a Memorandum of Understanding (MoU) between Ministry of Finance, Government of Pakistan with BMGF on the Pakistan Digital Stack.

This MoU solidifies the Foundation’s continued support for this digital infrastructure project, following the success of the Raast – Pakistan Instant Payment System.

The National Financial Inclusion Council, chaired by the Finance Minister, will oversee the implementation of the Digital Pakistan Stack, marking a significant step toward fostering inclusive economic growth and development in Pakistan.

 

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