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Advancing the use of IT infrastructure. Approach Being Used To Draw In FDI: PM

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A plan to draw in foreign direct investment for the construction of information technology infrastructure is reportedly being undertaken, according to Prime Minister Shehbaz Sharif.

Addressing a three-person Asia Internet Coalition delegation in Islamabad under the direction of Managing Director Jeff Paine, he stated that the government is promoting the development of the essential artificial intelligence-based infrastructure.

With regard to artificial intelligence infrastructure, he vowed to elevate Pakistan to the forefront of the region.

In order to guarantee that the nation has access to the fastest and most reliable internet connection possible, the prime minister indicated that the government is taking action.

Under the Digital Pakistan efforts, he remarked, the entire government system is going digital.

Shehbaz Sharif stated that the Federal Board of Revenue’s digitalization will be a turning point in the economy’s transition to an automated system and digital framework.

Additional topics covered in the meeting were data security, internet content code of conduct, and tactics for combating cybercrimes.

Meeting participants were informed that discussions about the draft personal data protection bill are now taking place with all relevant parties.

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Maintaining Fertiliser Price Stability: The Need for a Continuous Gas Supply to the Fertiliser Sector

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To guarantee fertiliser price stability, a cabinet committee meeting was presided over by Senator Muhammad Ishaq Dar, the deputy prime minister.

Senior government officials, including Industries Minister Rana Tanveer Hussain, attended the meeting.

The attendees received an update on the government’s, gas suppliers’, and fertiliser industry’s conversations. Additionally, the gas supply for the fertiliser sector was evaluated and determined to be adequate.

Throughout the Rabi cropping season, the Deputy Prime Minister ordered the fertiliser industry to maintain a continuous gas supply in order to guarantee steady production and stock levels.

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Fifth Straight Cut: PM Applauds SBP’s Policy Rate Reduction

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Prime Minister Muhammad Shehbaz Sharif has praised the State Bank of Pakistan’s decision to lower its policy rate by an additional 2 percent, stating that the bank’s current 13 percent rate is encouraging for the nation’s economy.

He expressed optimism in a statement that the policy rate cut would encourage investment and further boost investor confidence in the country’s economy.

The prime minister said that decreasing the inflation rate also lowered the policy rate and that future inflation rate reductions will be even more pronounced.

Additionally, he expressed gratitude to the Federal Finance Minister and other officials for their work in this area.

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GHQ Attack Case: Prosecution Seeks Bail Cancellation of CM KP & Other Accused, Indicts 9 More

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25 defendants, including PTI officials, have non-bailable arrest warrants issued by the Anti Terrorism Court of Rawalpindi for their failure to show up for court proceedings related to the GHQ attack case.

Judge Amjad Ali Shah added nine more suspects to the GHQ attack indictment list during today’s ATC Court sessions, bringing the total to 98.

Among the 61 defendants who appeared in court were Shah Mehmud Qureshi and the founder of the PTI.

Among those charged are Khadim Hussain Khokhar, Mehr Mohammad Javed, Chaudhary Asif, Zakir Ullah, Azeem Ullah, Shireen Mazatri, Major Retired Tahir Sadiq, and former MPA Rashid Hafeez.

A plea to cancel the bail of 23 suspects, including Chief Minister Khyber Pakhtunkhwa, has also been filed by the prosecution side.

In the GHQ attack, there were 119 accused in total.

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