Federal Finance Minister Muhammad Aurangzeb Launches Government of Pakistan Treasury Bills JazzCash.
JazzCash Government of Pakistan Treasury Bills launch
JazzCash and Mobilink Bank, in collaboration with the Ministry of Finance and the State Bank of Pakistan, launched Government of Pakistan Treasury Bills on the JazzCash app at an event held at JazzCash headquarters in Islamabad. For the first time, Pakistanis can invest in government-backed securities directly from a digital wallet, a development that extends formal investment access well beyond the country’s approximately 1.4 million existing public market participants.
The launch represents a significant step in democratizing access to sovereign investment products and advancing Pakistan’s financial inclusion agenda through digital channels.
The initiative was announced in the presence of Senator Muhammad Aurangzeb, Federal Minister for Finance and Revenue; Khurram Schehzad, Adviser to the Finance Minister; Omer M. Khan, Adviser on Debt Management, Finance Division; Aamir Ibrahim, Chairman JazzCash and Mobilink Bank; Murtaza Ali, CEO JazzCash; Haaris Mahmood Chaudhary, CEO Mobilink Bank; and senior representatives from the Ministry of Finance and the State Bank of Pakistan.
Muhammad Aurangzeb, Federal Minister for Finance and Revenue, said, “Under the Prime Minister’s vision for an digital economy, the Government is working to deepen Pakistan’s financial markets, mobilise domestic savings and expand citizens’ participation in the formal economy. A stronger economy requires more Pakistanis to have access to regulated financial assets beyond conventional savings products. By enabling investment in Government securities, starting with Treasury Bills (T-Bills) from as little as Rs. 5,000 through a trusted digital platform such as JazzCash, this initiative translates that broader vision into practical access for citizens while helping build a wider and more diversified domestic investor base.”
Speaking at the event, Murtaza Ali, CEO JazzCash, said, “JazzCash is a key partner of the Ministry of Finance and the State Bank of Pakistan in advancing the Prime Minister’s vision for a cashless economy. Inclusion cannot stop at payments. It must also give people access to trusted tools that help them save, invest and build financial resilience. With T-Bills on the JazzCash app, we are bringing a secure, government-backed investment product into an everyday mobile wallet experience, allowing customers to participate in formal financial markets through a journey that is simple, secure and intuitive.”
Customers can access the product through the Banking & Finance section of the JazzCash app, review available T-Bills and complete their investment digitally. Before confirmation, the app displays key details including the purchase price, expected profit, applicable yield, maturity value and tax treatment. At maturity, the proceeds, net of applicable taxes, are credited directly to the customer’s JazzCash account.
Access to Government of Pakistan T-Bills is now live on JazzCash app. The product initially offers 3-month T-Bills, with longer tenors planned for later phases. Eligible customers with a verified JazzCash account and an active Mobilink Bank deposit account can invest digitally, with Mobilink Bank acting as the regulated custodian and trustee.
JazzCash, working in coordination with the State Bank of Pakistan and the Ministry of Finance, aims to reach one million active investors through Government Treasury Bills and future investment instruments.
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