Amin for Solving Problems of Information Technology (IT) and Telecom Industry
ISLAMABAD – Federal Minister for Information Technology and Telecommunication Syed Amin-Ul-Haque Friday called for solving problems of the IT and telecom industry and giving maximum relief for the enhancement of the country’s Digital Economy.
Prime Minister Shehbaz Sharif also has a special interest in promoting the IT industry, the minister said this while attending the preliminary meeting of the PM’s Advisory Council on IT and Digital Economy.
The meeting was chaired by Minister IT and Telecom Syed Amin-Ul-Haque while Minister for Finance Miftah Ismail, SAPM on Youth Affairs, Shaza Fatima, Senator Afnanullah Khan, Secretary IT Mohsin Mushtaque Chandna, Additional Secretary MOITT Aysha Humaira, Former Secretary IT Shoaib Ahmed Siddiqui, representatives from FBR, State Bank, USF and other members of the council representing IT & telecom Industry attended the meeting. The minister constituted three committees for IT Export, Personal Data Protection and Telecom Sector growth. The committees will finalize its recommendations in a week’s time which will be presented to the PM who is the chairman of the Advisory Council, said a news release.
In order to enhance the Digital Economic activities in the country, the meeting discussed CPEC projects related to IT and Telecom, Broadband Services in un-served and under-served areas to provide digital solutions on micro level. Matters related to IT and telecom industry and proposals from the stockholders discussed deeply to enhance the digital economy of Pakistan by identifying the key areas of growth, their challenges and way forward to overcome these challenges. Council Members suggested that there should not be any new taxes and procedures for IT, Freelancers, E-commerce and Startups to facilitate domestic digital transformation and growth in exports.
Otherwise, people will be encouraged to park a significant portion of their earnings abroad which will be a loss to the exchequer.
IT and ITeS is the fastest growing and lowest investment option to grow Pakistan’s forex reserves so we have to ensure ease of doing business and policy continuity as much as possible.
The Advisory Council stressed the need for consistency in government policies to attract local and international investors, saying that industry and investors become uncertain due to the changing situations, which hurts the efforts to promote the Digital Economy.
Syed Amin-Ul -Haque said that the purpose to constitute the Advisory Council was to formulate workable proposals to address the issues of IT and Telecom industry, make the Industry more functional in the National Economy and then required directives by the PM can be issued in this regard.
“When all the stakeholders/ institutions are on board and the issues resolved in a timely manner, there is no reason the industry cannot become the backbone of the country’s economy and lead the country out of the economic crisis,” the minister added.
Source: The Nation