PM Ramadan Package to Open Digital Wallets. The federal government of Pakistan has announced a landmark initiative under the Prime Minister’s Ramadan Package to open digital wallets for 500,000 women across the country. This move aims to enhance women’s financial inclusion and support their access to government welfare programs during the holy month of Ramadan.
The announcement was made by Shaza Fatima, Federal Minister for Information Technology, during a high-level meeting with a business delegation from DAMAC Properties at the Ministry of IT.
Government Digital Transformation Vision
During the briefing, Minister Shaza Fatima highlighted Pakistan’s Digital Nation Vision, emphasizing ongoing government efforts to accelerate digital transformation nationwide. She explained that the digital wallet initiative is part of a broader strategy to empower women financially and integrate them into the digital economy.
“The Prime Minister’s Ramadan Package not only provides financial relief but also promotes women’s participation in digital financial systems, ensuring transparency and convenience,” the minister said.
These digital wallets will complement existing financial support programs for women, including the Benazir Income Support Programme (BISP), expanding the reach and efficiency of welfare services.
Key Benefits of Digital Wallets for Women
The initiative is expected to deliver multiple advantages, particularly for women in underprivileged communities:
- Financial Inclusion: Women will have easier access to government welfare funds and can perform transactions digitally without relying on cash.
- Transparency: Digital wallets reduce the risk of fraud and ensure that financial support reaches the intended beneficiaries.
- Convenience: Beneficiaries can receive, store, and use funds through secure digital platforms, saving time and effort.
- Empowerment: By integrating women into the digital economy, the initiative fosters financial independence and decision-making power.
These wallets are expected to become a game-changer for financial accessibility, especially during Ramadan, when demand for government relief and assistance typically surges.
Collaboration with DAMAC Properties
The meeting with DAMAC Properties focused on exploring potential collaboration opportunities in several areas:
- Outsourcing and business process management
- Technology talent development programs
- Proptech (property technology) solutions
- Tokenisation and blockchain-based financial solutions
The DAMAC delegation, which included Amira Hussain Sajwani, Aqib Hassan, and Joseph El Am, praised Pakistan’s digital ecosystem and highlighted the country’s investment potential in technology-driven sectors. They also recognized the skills and capabilities of Pakistani youth as valuable assets for future partnerships.
Digital Wallets as Part of the Ramadan Relief Package
The Prime Minister’s Ramadan Package has consistently aimed at providing timely assistance to women and vulnerable communities. This year, the addition of digital wallets will further strengthen the package by:
- Ensuring direct access to funds for 500,000 women
- Promoting cashless transactions for improved security
- Enhancing accountability and tracking of welfare disbursements
Officials emphasized that this initiative aligns with Pakistan’s broader vision of financial digitalization, offering an innovative platform for women to manage their finances efficiently.
How to Benefit from the Digital Wallet Initiative
While detailed instructions for enrolling in the program will be announced by the Ministry of IT, women currently registered under BISP or other government welfare schemes are likely to be prioritized. Beneficiaries are encouraged to:
- Keep valid identification and BISP registration details ready
- Monitor official government announcements regarding wallet activation
- Utilize the wallet for receiving, storing, and transferring government aid digitally
This initiative is expected to create a safer, faster, and more transparent system for financial assistance during Ramadan.
Conclusion
The launch of digital wallets under the PM Ramadan Package marks a significant step toward women’s financial empowerment in Pakistan. By integrating 500,000 women into the digital economy, the government aims to improve financial inclusion, transparency, and accessibility while supporting the country’s Digital Nation Vision.
With collaboration from global partners like DAMAC Properties, Pakistan is moving toward a more digitally empowered society, ensuring that welfare programs reach those who need them most.
