Interest from Global Companies in Promoting Digital Economy in Pakistan Steadily Increasing

Islamabad: Interest from global companies in promoting the digital economy in Pakistan is steadily increasing, with technology-driven development gaining new momentum. According to Radio Pakistan, the leadership of Jazz and VEON recently met with Minister for Finance Muhammad Aurangzeb to present a one-billion-dollar investment plan. This strategic investment is set to be utilized over the next three years to expand connectivity and digital infrastructure in the country. VEON has already invested more than eleven billion dollars in Pakistan over the past three decades, contributing over five hundred billion rupees to the national exchequer. The company's ongoing commitment reflects its confidence in Pakistan's potential as a burgeoning digital economy. Furthermore, the acquisition of an additional 190 MHz spectrum has bolstered the network, paving the way for the launch of advanced digital services, including 5G. This progress is anticipated to significantly enhance financial inclusion, expand the formal economy, and support investment-driven economic growth in Pakistan.