The Caretaker Federal Minister for Information Technology and Telecommunication Dr Umar Saif announced that freelancers would now receive their payments through PayPal. In a video message, he said that it had been a longstanding demand of freelancers to have access to PayPal for easier payment receipt in Pakistan.
The minister clarified, “While PayPal itself is not coming to Pakistan, an agreement has been reached where remittances would be channeled through PayPal via a third party.”
“Under the newly devised program, freelancers will not need to open a PayPal account. Instead, individuals outside the country will make payments from their PayPal accounts, and the funds will be promptly deposited into the freelancers’ accounts.”
National Space Policy which will enable private-sector companies to offer affordable internet services in Pakistan, while enabling increased investment in the country’s national space program.
He expressed confidence that 5G services in the country would be launched by July this year and 300MHz spectrum would be offered for auction.
The launch of 5G services, the optic fiber network had to be enhanced. Currently, only 6,000 mobile towers are connected with the optic fiber of around 56,000 towers across the country.
The minister while highlighting the initiatives taken by the government to bolster exports of the IT and telecom sector, said ,”The sector’s official export is currently $2.6 billion, but the actual figure is around $5 billion as the industry parks a major portion outside the country to pay salaries of their international employees placed with foreign clients and incur monthly expenses for cloud hosting, marketing and sales on platforms like Google, Amazon, LinkedIn etc.”
