WEB DESK: Prime Minister Muhammad Shehbaz Sharif chaired a meeting on Wednesday to discuss the involvement of investors and opportunities in the ongoing digital and other reforms at the Federal Board of Revenue (FBR).
During the session, the prime minister welcomed the commitment of USD700 million in investments in Pakistan’s IT sector under the Digital Investment Forum held as part of the Digital Cooperation Conference.
“The Pakistani business community is proving its mettle on the international stage,” PM Shehbaz said. He noted that Pakistani entrepreneurs in the IT sector are delivering commendable services in the global market.
“There is no doubt that the Pakistani nation has the potential to play a central role not only in the domestic economy but also in global economic growth,” he added.
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The prime minister pointed out that Pakistan possesses world-class experts in every field, including IT. “If they are given opportunities aligned with their skills and capabilities, they can deliver outstanding results,” he stated.
The government is prioritising the inclusion of Pakistani investors in the reform processes of the IT and other sectors. “Through Pakistani investors, we will achieve lasting, better, and sustainable outcomes.”
The prime minister directed attendees of a special webinar to inform IT sector investors about opportunities in digital reforms at the FBR.
The briefing highlighted ongoing work in digital monitoring, track and trace, digital research and analytics, among other reforms, many of which have already been implemented. It was revealed that there are investment opportunities worth over USD100 million in digital invoicing, facial recognition technology, cargo tracking, and other digital reforms at the FBR.
The meeting was attended by Finance Minister Muhammad Aurangzeb, IT Minister Shaza Fatima Khawaja, Secretary-General of the Digital Cooperation Organization Deemah bint Yahya Al-Yahya among others.