While SBP addressed this overhang by raising policy discount rate from 7 to 9% in April 2005, there were renewed demand pressures as fiscal and external account deficits rose in wake of both international oil price increase as well as unforeseen spending demands triggered by the earthquake.
We need to understand that there are two sides to digitisation. On the one hand it is an excellent way of connecting people and giving them access to the financial system. Take something like an app on your mobile that lets you safely and easily transfer money to other countries.