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PTA makes NFI Policy: 50% Pakistanis to have digital accounts by 2020

byCustoms Today Report
05/06/2015
in Business
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ISLAMABAD: The country’s 50 per cent population will have digital accounts by 2020 as the government has evolved the National Financial Inclusion Policy.

Pakistan Telecommunication Authority (PTA) Member (Finance) Tariq Sultan said this, while sharing his views on the potential of mobile broadband as enabler for digital financial inclusion a Broadband Forum, organised by the PTA in collaboration with CISCO Systems.

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PTA Chairman Dr Syed Ismail Shah was the chief guest at this occasion. Member (Finance) PTA, Tariq Sultan, Member (Compliance and Enforcement) PTA, Abdul Samad, Member (Telecom), Ministry of IT, Mudasar Hussain, were also present on the occasion.

Tariq Sultan said that technical regulation for mobile banking are being worked upon by PTA and State Bank , Currently 327 million revenue is coming from mobile segment and it is expected to cross 800 million in future, he added. Theme of the Forum was to find out ways and means to truly capitalise on the huge potential of broadband services in Pakistan in the wake of rapidly growing wireless broadband subscriptions.

Speaking on the occasion, PTA Chairman Dr Syed Ismail Shah highlighted the role of PTA as enabler and facilitator and said that the availability of mobile broadband has opened many doors of opportunities for Pakistan.

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