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Google Weighs Pakistan’s Economic Potential through Digital Transformation

Digital transformation can help Pakistan unlock up to Rs. 9.7 trillion ($59.7 billion) in annual economic value by 2030, equivalent to about 19 percent of the country’s GDP in 2020, according to a new report commissioned by Google. The report—released at the Google/P@SHA online event, “Unlocking Pakistan’s Digital Potential”—finds that Pakistan has

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Telecom Revenue Shrank by 4.1% While Indicators Going Up in FY21

The telecom industry recorded a decline in revenue stream by 4.1 percent to Rs. 541.4 billion in FY21 according to the State Bank of Pakistan (SBP). The SBP in its Annual Report 2020-21 on the State of Pakistan’s Economy, stated that the communication subsector contracted during the fiscal year 2021,

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PTA and FBR Ordered to Devise a New Taxation Strategy for Mobile Users

A parliamentary panel on Wednesday expressed serious concerns over the huge taxes levied on mobile users and directed the Pakistan Telecommunication Authority (PTA) and the Federal Board of Revenue (FBR) to formulate a comprehensive strategy for the benefit of consumers. The National Assembly Standing Committee on Cabinet Secretariat met with

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