Pakistan says focusing on agriculture, health care investments on World Rural Development Day

Farmers harvest wheat in a field on the outskirts of Lahore on April 15, 2025. (AFP)
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Updated 06 July 2025
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Pakistan says focusing on agriculture, health care investments on World Rural Development Day

  • About 64% of Pakistan’s population resides in rural areas, as per 2023 census 
  • These rural areas often lack education, health, Internet, water and sanitation facilities

ISLAMABAD: Prime Minister Shehbaz Sharif said on Sunday his government is focusing on improving the lives of citizens in rural areas through “targeted investments” in agriculture, health and education initiatives, as the international community marks World Rural Development Day today. 

According to Pakistan’s latest population census, about 64 percent of the country’s population resides in rural areas. These areas often lack health, education, clean drinking water, sanitation, Internet and other facilities.

Governments, civil society, international organizations and academic institutions are invited on July 6 every year to conduct concrete policy dialogues and grassroots initiatives to elevate rural voices and galvanize development efforts for people in the most remote places worldwide.

“Our government continues to prioritize inclusive rural development as a key pillar of national progress,” Sharif said in a message released by his office.

“In line with the Sustainable Development Goals, we are focusing on transforming rural livelihoods through targeted investments in agriculture, education, health care, infrastructure, skills training, and environmental sustainability,” he added.

Sharif noted Pakistan’s villages and farmlands uphold the region’s centuries-old values of resilience, cooperation and tradition, hailing their “invaluable contributions” to various sectors.

“Significant strides have been made from expanding rural road networks and improving water and sanitation access, to empowering women and promoting climate-smart farming practices,” the Pakistani premier said.

He added that such efforts by the government reflect its resolve to ensure “no part of Pakistan is left behind.”

“On this day, we renew our pledge to uplift our rural citizenry; supporting them as equal partners in shaping a stronger, more equitable, and prosperous Pakistan,” Sharif concluded. 


Pakistan launches crypto testing framework to regulate digital assets

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Pakistan launches crypto testing framework to regulate digital assets

  • Regulatory ‘sandbox’ to let firms test crypto products under supervision
  • Move comes amid broader push to formalize Pakistan’s digital asset sector

ISLAMABAD: Pakistan’s Virtual Assets Regulatory Authority (PVARA) on Friday launched a crypto testing framework to regulate digital assets, allowing firms to trial new products and services under official supervision.

The initiative, formally structured as a regulatory “sandbox,” creates a controlled environment where companies can test crypto-related services under the oversight of the regulator before full-scale approval.

According to PVARA, the sandbox will support real-world use cases including tokenization, stablecoins, remittances and on- and off-ramp infrastructure.

Tokenization refers to converting real-world assets into digital tokens on a blockchain, while stablecoins are cryptocurrencies pegged to a fiat currency to maintain a stable value. On- and off-ramp infrastructure allows users to convert between fiat money and digital assets, enabling the practical use of virtual asset products.
“The Pakistan Virtual Assets Regulatory Authority has formally approved and launched its Regulatory Sandbox for virtual assets,” PVARA said in a post on X. “Sandbox Guidelines and the application process will be published shortly on our website.”

The move comes as the government seeks to build a formal regulatory framework for digital assets while attracting investment and strengthening oversight of the sector.

Pakistan has stepped up efforts recently to regulate its digital asset sector and is exploring digital currency initiatives as part of broader measures to reduce cash usage.

In January, Pakistan signed a memorandum of understanding with a company affiliated with World Liberty Financial, a crypto-based finance platform launched in September 2024 and linked to US President Donald Trump’s family to explore the use of a dollar-linked stablecoin for cross-border payments.