The government of Pakistan has announced plans to establish the country’s first Pakistan Council of Digital Economy. The move aims to strengthen the growing digital sector and create a formal platform for digital businesses.
The council will serve as an institutional framework to support digital companies and accelerate the growth of Pakistan’s digital economy. It will be structured similarly to a chamber of commerce, representing businesses across various digital sectors.
The Prime Minister is expected to inaugurate the council once its initial framework is finalized. The main objective is to bring digital companies together to address common challenges and explore opportunities within the sector.
The council will facilitate coordination between the government and private digital firms. It will focus on consultations regarding regulatory frameworks, taxation, online business issues, and policy development. Private sector input will be incorporated into decision-making processes related to Pakistan’s digital economy.
Officials said the Pakistan Digital Authority has already held consultations with around 40 private digital companies. These discussions aim to increase private sector participation and ensure a supportive environment for digital innovation and investment in Pakistan.
The establishment of the council is expected to create a more organized platform for dialogue between the government and digital businesses. Experts believe this initiative will help standardize regulations, improve compliance, and encourage domestic and foreign investment in the sector.
By bringing digital companies under one umbrella, the council will also address operational challenges, promote best practices, and strengthen public-private collaboration. This is seen as a key step in promoting sustainable growth and enhancing the country’s position in the global digital market.
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Overall, the creation of the Pakistan Council of Digital Economy marks a significant milestone for the country’s digital industry. It reflects the government’s commitment to supporting digital innovation, creating new business opportunities, and fostering economic growth in Pakistan.
