Goal of economic stability can be achieved via utilizing SIFC: Dr Saif Umar

ISLAMABAD: Caretaker Minister for Information Technology and Telecommunication, Dr Saif Umar has said that the goal of economic stability can be easily achieved by utilizing the effective forum of Special Investment Facilitation Council (SIFC).

The minister in video statement released on Sunday said that the SIFC was instrumental in paving the way for digital transformation and attracting foreign direct investment in Pakistan.

Dr. Saif Umar expressed the confidence that upcoming government will also make timely decisions for the country’s development and public interests.

The minister said that since 2014, the case of hundreds of MHz of spectrum with Sun TV was pending.

He said now this spectrum will be in government custody, which is worth multi-million dollars as per the current market rate of the spectrum.

Dr Saif Umar said that from the establishment of the Advisory Committee for spectrum auction to the necessary steps to lay the network of optical fiber cables across the country.

He said SIFC Forum has a key role to play in the preparation of the country’s first space policy and its approval from the relevant forums.

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