Pakistan, July 7 -- Federal Minister for Finance and Revenue Muhammad Aurangzeb, Monday, formally launched InvestPak, a digital platform to facilitate individuals and corporate customers to make instant, free, and secure investment in government securities.

InvestPak digitizes the process of investment and maintaining PKR accounts with financial institutions while allowing the account holders to digitally open Investor Portfolio of Securities (IPS) accounts, place bids in primary auctions of government securities and buy or sell securities through the secondary market without having to visit FIs.

The launch ceremony was attended by Governor State Bank of Pakistan Jameel Ahmad, senior SBP management, CEOs of banks, PSX, non-bank financia...