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Zindigi Future Fest Panel Discussion: Roadmap to the Future

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Zain Zubair
Zain Zubair is a staff writer for World News Observer. He is studying ACCA in Pakistan. Besides Accountancy and writing pieces, he loves cooking and nature photography. Zain has attended various modern journalism workshops. Contact: [email protected]

Zindigi Future Fest, Pakistan’s largest tech conference and expo, powered by JS Bank closed out on Sunday with a panel discussion with a topic on Roadmap to the Future. The panel saw the high powered panel consisting of Miftah Ismail, Federal Minister of Finance – Revenue & Economic Affairs, Dr. Murtaza Syed – Governor State Bank of Pakistan, Tariq Malik – Chairman NADRA, and Imran Haleem Shaikh, COO – JS Bank discussed how the tech industry can provide financial stability to the youth with the help of government and private sector initiatives and support. The panel was moderated by. Noman Azhar – CDO JS Bank and Head of Zindigi.

Speaking at the conference, Miftah Ismail stated that Pakistan has a rapidly growing youth population and that they are the key to national growth. He thanked the tech enthusiasts for their hard work and assured them of government support in terms of tax facilities and other benefits. He said that the government is working on bringing other potential payment partners to support the freelancer community to increase employment and business opportunities in Pakistan. He promised to reach out to this community and to address their concerns in the upcoming budget.

Dr. Murtaza Syed, Governor State Bank of Pakistan acknowledged Startup Grind and Zindigi for organizing and supporting an international level event in Pakistan and said that such events are the need of the time. He appreciated the support of NADRA especially in introducing RAAST, which allows mobile numbers to operate as a Bank account number. Talking about digital transformation he mentioned RAAST is being used for transfer of dividends and pensions and moving forward it will be utilized for not just payments but also fund requests as well. He further said that with technology, the sky is the limit and together with the help of NADRA and other support departments, Pakistan will soon witness a lot of digital transformations.

Tariq Malik, Chairman NADRA mentioned that there is a liberal regulatory framework and together with the support of SBP the launch of the RAAST project was possible. He discussed how NADRA has supported in bringing people in the tax net as opposed to a handful of people paying the taxes. Talking about digitization he shared how E-Sahulat Franchise has helped students earn for themselves. The introduction of Biometric verification supported by NADRA has evolved the process of account opening and supported the Banks to onboard customers even without having a physical branch.

Imran Shaikh thanked the Governor State Bank of Pakistan for the support on numerous initiatives on policy and regulatory framework in building the banking ecosystem. During his discussion, he stated how Zindigi has cut through the clutter through its simple, convenient, and beyond banking services to the Gen Z. Talking about supporting partnership and startup growth, he appreciated the sponsors for their trust and explained how JS Bank is making an impact by investing in different tech start-ups to support SME’s.

The panelists visited the Zindigi stall and appreciated the stall as very creative, engaging and a next level futuristic experience.  The event ended with performances by renowned singers, Asim Azhar, Daniyal Zafar, Hasan Raheem, and Young Stunners.

Zindigi is a Digital financial service initiative powered by JS Bank.

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