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SIFC helps the IT and telecom industries; the government speeds up the digitization process in these areas.

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6 months ago

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With an emphasis on the Ministry of IT and Telecom and PPRA, the government has issued directions to speed up the digitization of procurement processes.

The objective of this effort is to improve government function transparency and operational efficiency. These steps are anticipated to greatly increase efficiency throughout Government Agencies by using the cloud services procurement framework for all future procurements.

It is the responsibility of MD PPRA to expeditiously complete the approval procedure for this system and guarantee its worldwide implementation.

In the interim, initiatives are being made to move the 5G spectrum license auction forward. In order to clear the regulatory obstacles in the way of Pakistan’s rapid adoption of 5G technology, the Law Division has been directed to accelerate the decision of outstanding 5G matters in the Islamabad and Sindh High Courts.

The Ministry of Planning, Development, and Special Affairs has contributed Rs 235 million to the Pakistan startup fund, which will further stimulate the technology industry.

Furthermore, the E-Rozgar Program, which prioritizes young entrepreneurship and the development of digital skills, has been allocated Rs 229 million.

These projects highlight cooperative efforts to address persistent problems and advance governance transparency within Pakistan’s developing IT and telecom sectors, and they represent major advancements made possible by the SIFC platform.

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

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7 days ago

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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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7 days ago

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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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7 days ago

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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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