Pakistan forms $10m fund for startupsPublished on: August 29, 2026 3:26 AM
Pakistan, Aug. 29 -- Federal Minister for IT and Telecom Shaza Fatima Khawaja on Friday announced a $10 million fund under the second phase of the Pakistan Startup Fund (PSF), as she met senior officials of the State Bank of Pakistan (SBP) and the Sindh government in the day to discuss measures to strengthen the country's startup ecosystem and accelerate digitalisation of the national economy.
Speaking at the Fintech Roundtable 2026 held at the Sindh Governor House, she said the government was working to increase funding available to startups under the PSF to $25-50 million over the next few years by bringing global financial institutions, including the World Bank, IFC and the Asian Development Bank, on board.
She said the government ha...
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