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ISLAMABAD, Oct 7 (APP):In a landmark move to strengthen Pakistan’s digital economy, the Prime Minister’s Youth Programme (PMYP), in collaboration with Stanford University, launched a new initiative aimed at empowering youth with modern technological and financial tools.
The launch ceremony was addressed by Chairman PMYP Rana Mashhood Ahmad Khan, who emphasized that the government is actively promoting the concept of a digital economy to equip young Pakistanis for the future. He said that the initiative is part of a broader vision to build a knowledge-based economy driven by innovation and technology.
Highlighting the key features of the initiative, Rana Mashhood announced the introduction of the Digital Wallet as a revolutionary step designed to provide ease and financial convenience to overseas Pakistanis. He stated that the wallet will enable users to safely transfer money, ensuring secure and transparent international transactions.
He further explained that up to one million dollars can be legally transferred through this platform, marking a significant milestone in Pakistan’s journey toward financial digitization. Rana Mashhood said this initiative will not only enhance financial inclusion but also reflect the government’s commitment to leveraging innovation for national development.
The Chairman noted that overseas Pakistanis can now contribute more effectively to the country’s development through this secure and efficient system. He added that youth are Pakistan’s most valuable asset, and the government is determined to make the country’s future bright by creating opportunities that combine technology, innovation, and global collaboration.
He said the partnership with Stanford University will open new avenues for learning, entrepreneurship, and digital advancement, empowering Pakistani youth to participate in the rapidly evolving global economy.
Rana Mashhood further highlighted that the government’s youth-focused initiatives are designed to bridge the gap between education and employment. He said technical education, IT training, and entrepreneurship programs are being expanded across the country to prepare youth for both local and international markets.
He also emphasized that climate action and sustainability are key components of Pakistan’s development agenda. “Our goal is not just economic growth, but a green and digital Pakistan where innovation and environmental responsibility go hand in hand,” he remarked.
The Chairman reaffirmed that PMYP’s vision is to create an ecosystem where young people are empowered with the right skills, global exposure, and access to modern tools. He reiterated that Pakistan’s future depends on its youth, who will drive the nation toward progress through knowledge, technology, and unity of purpose.