Time To boom IT industry and cryptocurrency trading in Pakistan?
It is the time of cryptocurrency trading, trillions of dollars have been spent, Pakistanis are not far behind, clandestine illegal methods are being used. The FIA has money Has made the industry happy, now urgent action is needed, if the bureaucracy does not stop, there will be ideal development. Ukraine-Russia war brought new opportunities for the IT industry.
Director Pakistan Atlantic Council South Asia Center Aziz Younis has said that Pakistan is a young country, young people know technology, Pakistanis are more in adoption of this currency, India is also behind them. It should not be banned, world Going towards IT, young people can earn more than ارب 100 billion. If Pakistan goes to Ben, it will be difficult to get this potential. The government does not need to invest much in it. It just needs to be legalized. Pakistan has a big hand in lancing. Pakistan has a digital ID system that can be used. KYC should be done. First the regulator should be clarified then its data should be shared. The difference between criminals and non-criminals should be clarified. Civil protection laws should be extended. There is no solution to the ban. If amnesty is to be given later, it should be made legal from now on. This is the case in democracies. It is the job of the SBP to manage the monetary policy risk. Catching illegal work in corrupt currency is an easy task.
The government gave the ideal package this time, gave the industry what it needed. The Prime Minister and the ministers are grateful for it. When the Prime Minister announced the package, all the stakeholders were present, which is a good thing. It needs to be implemented immediately. The sooner this work is done, the better. There is no doubt that this year will be very good for IT for income, exports will increase, the national economy will benefit a lot. Freelancers Ask for money from them, ask for their money wherever it is in Pakistan. If there is no tax now, take advantage of it. European products have stopped due to Ukraine-Russia conflict, our companies have to provide better skills to people in this matter. The more you invest in human capital, the better.
Prime Minister Imran Khan's Important Address to Nation
This is the best scheme for the business community, there will be no better opportunity than this. There will be no question about any of the properties, you can bring them in your country. Its deadline is also set till 2024 which can be easily completed, all sectors can benefit from it. Pakistan is a safe country in terms of capital. Overseas Pakistanis invest in exporting sectors, sick industries will have a chance to stand on their own feet.
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