Pakistan is endorsing worldwide connectivity through a sequence of initiatives and the government is steadfast to change the country into a knowledge-based economy, indicated Finance Secretary Waqar Masood Khan.
Pakistan is Promoting Global Connectivity Through a Series of Initiatives
Addressing at the World Bank ‘Global Connect Initiative’, in Washington the finance secretary recapped Pakistan’s resolution to support the World Summit on Information Society (WSIS) act lines and objectives that were fixed under the plan for the Sustainable Developments Goals (SDG).
“The government is promoting increased global connectivity through a series of initiatives to defuse the broadband penetration and encourage numerous applications in the provision of public services.”
He further added.
Waqar Masood Khan valued the US government for introducing the Global Connect Initiative (GCI) to offer internet access to an extra 1.5 billion people international by 2020 and alleged it would go a long way in meeting the UN’s SDG of accomplishing internet access by 2030.
The official underlined the World Bank’s recognition of remarkable evolution of internet penetration in Pakistan from 2001 to 2014 on account of empowering policy environment, massive growth potential, and the private sector’s innovative spirit.
“Vision 2025 envisages digitalising every school, college and university in the country.”
While telling the addressees about the accepted telecommunication policy 2015, he informed that it intended to expedite “universally accessible, reasonable and quality telecom services” via open, viable and satisfactorily regulated markets.
“There are nearly 29.3 million broadband subscribers in the country, out of which 26.1 million are using 3G/4G services.”
He told the audience.
Khan further revealed that the State Bank of Pakistan (SBP), in collaboration with banking and financial organizations and telecom providers, had established a strong strategy and regulatory agenda for mobile branchless banking to attain worldwide financial inclusion in Pakistan.