Karandaaz Pakistan has launched two new research studies aimed at strengthening the country’s digital economy and improving market infrastructure. The studies focus on electronic invoicing and agricultural spot trading, two areas considered vital for enhancing transparency, access to finance and economic formalization.
The organization unveiled the reports during a stakeholder dialogue titled “Digitalizing Transactions: Insights on E-Invoicing and Agri Spot Trading in Pakistan.” The event brought together policymakers, regulators, financial institutions, private sector representatives and development partners to discuss the future of digital transaction systems in the country.
Research Focuses on Digital Infrastructure
The event marked the release of two studies titled E-Invoicing in Pakistan and Feasibility Study for Agri Spot Trading in Punjab, Pakistan.
According to Karandaaz Pakistan, both studies examined how digital transaction infrastructure can improve market efficiency, strengthen access to finance and promote transparency in economic activity.
The research on e-invoicing explored how digital invoicing systems could increase transaction visibility, improve tax compliance and support financing for small and medium-sized enterprises (SMEs).
Meanwhile, the study on agricultural spot trading assessed the feasibility of introducing a structured trading mechanism for agricultural commodities in Punjab. It highlighted the potential role of electronic warehouse receipt systems in improving price discovery, market transparency and financing opportunities for farmers.
Karandaaz Reaffirms Commitment to Digital Transformation
Speaking at the event, Karandaaz Pakistan Chief Executive Officer Waqas ul Hasan said the studies would help create awareness and support the development of institutional frameworks needed for Pakistan’s digital transformation.
He noted that Karandaaz has spent the past decade working with public and private sector institutions to strengthen Pakistan’s digital financial ecosystem. He said the organization played a role in conceptualizing Raast and supporting wider digitalization efforts across the country.
Waqas ul Hasan said the latest research reflects Karandaaz’s commitment to promoting innovation and encouraging policy dialogue that supports economic growth.
SECP Highlights Importance of Modern Market Systems
Delivering the keynote address, Securities and Exchange Commission of Pakistan (SECP) Commissioner for Securities Markets Division Ali Farid Khwaja emphasized the need for modern and reliable market infrastructure.
He said e-invoicing and electronic warehouse receipts could help Pakistan shift from fragmented transactions to trusted digital systems.
According to him, verified digital records can enhance transparency, reduce risks and expand access to finance. He added that the SECP remains committed to supporting responsible innovation and strengthening confidence in financial markets.
Experts Discuss SME Finance and Agricultural Markets
The event featured two panel discussions focusing on the practical implications of digital transaction systems.
The first panel examined whether e-invoicing could serve as a foundation for economic formalization and SME financing. Participants included representatives from the Federal Board of Revenue, Haball, Dynamic Resources Limited and Bank Alfalah.
The second discussion focused on agricultural markets and explored whether agri spot trading could improve price discovery and market access. Representatives from Pakistan Mercantile Exchange (PMEX), the Prime Minister’s Office, National Credit Guarantee Company Limited (NCGCL) and Kissan Gudam participated in the session.
Digital Infrastructure Seen as Key to Economic Growth
Participants stressed that modern transaction infrastructure has become essential for supporting Pakistan’s economic development.
The discussions highlighted the importance of collaboration among regulators, financial institutions and private sector stakeholders to create efficient and transparent digital ecosystems.
Karandaaz Pakistan said it will continue supporting research, stakeholder engagement and ecosystem development initiatives aimed at strengthening Pakistan’s digital economy and promoting inclusive and sustainable growth.
Experts believe innovations such as e-invoicing and digital agricultural trading systems could play an important role in improving financial inclusion, increasing transparency and fostering long-term economic development.