Pakistan, U.S.-Based World Liberty Financial Sign MoU to Boost Digital and Cross-Border Payments

Photo File (X/@PakistanVARA)

Prime Minister Muhammad Shehbaz Sharif on Monday met a delegation from U.S.-based World Liberty Financial, during which a Memorandum of Understanding (MoU) was signed to promote digital and cross-border payment systems in Pakistan.

The delegation, led by World Liberty Financial Chief Executive Officer Zachary Witkoff, held detailed discussions with the prime minister on expanding cooperation in digital payments, financial technology, and cross-border transactions. Senior Pakistani officials, including Deputy Prime Minister Ishaq Dar, Chief of Army Staff Field Marshal Syed Asim Munir, Finance Minister Muhammad Aurangzeb, Special Assistant to the Prime Minister Syed Tariq Fatemi, and Chairman of the Pakistan Virtual Assets Regulatory Authority Bilal Bin Saqib, were also present at the meeting.

Welcoming the delegation, Prime Minister Shehbaz Sharif outlined his vision of a “Digital Pakistan,” emphasizing improved connectivity, accessibility, transparency, and convenience for citizens. He stated that digital payments and financial innovation are central to Pakistan’s rapidly expanding digital economy.

The prime minister expressed satisfaction over the growing international interest in Pakistan’s digital financial sector, noting that the country is steadily integrating into the global digital finance ecosystem.

During the meeting, CEO Zachary Witkoff conveyed strong interest in collaborating with Pakistan on secure and transparent digital payment solutions, particularly in cross-border payments and foreign exchange systems. He praised Pakistan’s evolving policy framework, calling it a strong foundation for becoming a competitive player in global digital finance.

Following the talks, Prime Minister Shehbaz Sharif and Field Marshal Syed Asim Munir witnessed the signing ceremony of the MoU between the Government of Pakistan and SC Financial Technologies LLC, an affiliated entity of World Liberty Financial. The agreement aims to enhance technical and policy-level cooperation for the development of next-generation cross-border digital payment systems.

The MoU was formally signed by Finance Minister Muhammad Aurangzeb and World Liberty Financial CEO Zachary Witkoff.