Ministry of IT and Telecom urges banks to support IT & ITES sector

Ministry of IT and Telecom urges banks to support IT & ITES sector

The Ministry of Information Technology and Telecommunication (MOITT) is actively encouraging the banking sector to develop products and services that facilitate the IT (Information Technology) and ITES (Information Technology Enable d Services) sector.

These sentiments were expressed by Ms. Aisha Humera Chaudhry, Additional Secretary of MOITT, in a video message.

This video message was broadcasted to participants attending the IT & ITES Awareness Seminar titled "SBP Policies Initiatives and Schemes," jointly organized by the Pakistan Software Export Board (PSEB) and MOITT, in collaboration with the State Bank of Pakistan, held in Karachi on Wednesday.

 

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In her message, Ms. Aisha Humera Chaudhry emphasized their commitment to facilitate IT & ITES products and services in collaboration with the Special Investment Facilitation Council (SIFC). She also highlighted their dedication to ensuring a conducive business environment and encouraged government departments to enhance their regulatory frameworks to further support this sector.

Ms. Aisha Humera Chaudhry affirmed the Ministry of IT and Telecom's ongoing support for IT & ITES services through IT-friendly policies.

Earlier in the event, Raza Ahmad Sukhera, Chief Information and Digital Officer of PSEB, briefed the attendees on the Ease of Doing Business Initiatives and the policy development process at the federal government level.

Addressing the audience, Dr. Asif Ali, Director of the Exchange Policy Department at SBP, emphasized the comprehensive efforts being made to facilitate the growth and expansion of the IT industry. He highlighted the simplification of regulatory processes as a key focus to create a favorable environment for the IT & ITES sector. Dr. Asif Ali also outlined the key features of the Central Bank's policies and various initiatives aimed at supporting the IT industry.

 

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Ms. Shazia Khurram, Head of Branch and Premium Banking at Meezan Bank, delivered a presentation on the bank's policies and procedures for IT & ITES exporters and freelancers.

The speakers collectively called for the organization of more events such as seminars, workshops, and training sessions to raise awareness among the public, particularly IT professionals, regarding regulatory policies and the services and products offered by banks to promote the growth of the IT sector.

Source: APP

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