ISLAMABAD: On Tuesday PM Imran Khan launched the country’s first instant person to person payment system ‘Raast’ for low-cost digital retail payments and money transfers.
PM Imran Khan said while addressing the inauguration ceremony in Islamabad. “Raast programme will facilitate the working class of Pakistan in making transactions through cell phones, and will help improve saving rates.”
Speaking about the features of Raast, the Prime Minister said it will make life easier for the average person, especially those who are reluctant to go to the bank. Because now you can send money instantly through your mobile phone.
The premier, while highlighting the benefits of the technology, said that it is a way to improve saving rates and tax to GDP ratio in order to lead the country towards progress.
He said the government will also use technology in the Federal Board of Revenue’s (FBR) affairs to trace people involved in tax evasion.
There are many people who don’t pay taxes despite having a good lifestyle, he added.
He went on to say that the most concerns are received from overseas Pakistanis who complaint of inconvenience in sending money to Pakistan.
Reaffirming his commitment to alleviating poverty, the prime minister said that it will be a big achievement if the incumbent government manages to succeed in it.
On the occasion, PM Imran Khan directed the Governor SBP to establish a special cell to further facilitate overseas Pakistanis. He said overseas Pakistanis are our biggest asset.