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March 10, 2025 - Comments Off on Pakistan’s Ministry of IT against immediate regulation of AI.

Pakistan’s Ministry of IT against immediate regulation of AI.

It is too soon to regulate Artificial Intelligence, according to Pakistan’s Ministry  of Information Technology and Telecommunication (MoITT). This also comes about as Pakistan’s Senate Secretariat shared the draft text for the “Regulation of Artificial Intelligence Act 2024”, according to TechJuice. The MoITT conceded that regulatoin is necessary, but emphasised that, as per TechJuice, “data governance, data availability, and data protection must be addressed before considering AI regulations.” The MoITT has established an AI Committee to align with the overall National AI Plan, the latter of which has seen as task force formed by the Minister for Planning, Development, and Special Initiatives.

February 11, 2025 - Comments Off on Can Pakistan’s digital Economy Hit US$75 Billion?

Can Pakistan’s digital Economy Hit US$75 Billion?

Pakistan’s digital economy could reach a value of US$75 billion, according to the head of Jazz, one of Pakistan’s major telecoms providers. Amer Ibrahim, Jazz’s Chief Executive Officer made the statement in a presentation at the World Economic Forus 2025, held in Davos, Switzerland. This assertion was based on investments in “broadband infrastructure, fintech innovations, and artificial intelligence”, according to Samaa TV. He also emphasized the role of digital financial inclusion in Pakistan’s economic roadmap, particularly in regards to how “digital infrastructure improvements could enhance access to financial services and promote economic participation across various segments of society.”