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Pakistan wants Facebook’s parent company to establish local office

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  • FM Bilawal Bhutto Zardari meets Meta’s Nick Clegg on sidelines of UNGA.
  • Meta affirms interest in continued engagement with Pakistan.
  • Clegg says Meta’s Pakistan team comprises entirely of Pakistani professionals.

Minister for Foreign Affairs Bilawal Bhutto Zardari has asked a high-ranking Meta official to open their company’s office in Pakistan in a bid to facilitate communication between the local authorities and the social media giant.

Facebook is now called Meta, the company announced last year, in a rebrand that focuses on building the “metaverse,” a shared virtual environment that it bets will be the successor to the mobile internet.

The foreign minister met Meta’s Global Affairs President Nick Clegg on the sidelines of the United Nations General Assembly’s (UNGA) 77th session, where he is part of the delegation representing Pakistan.

The foreign minister, talking about the opportunities available in Pakistan, said that the country has a tech-savvy young population (64% below the age of 30), high teledensity, massive digitisation of the economy, and a business-friendly regulatory regime.

“Pakistan’s IT sector has registered strong growth in the recent past opening new opportunities for platforms like Meta to expand its operations in Pakistan”, the foreign minister told the social media company’s official.

Clegg said that Meta’s Pakistan team comprises entirely of Pakistani professionals. He briefed the foreign minister on Meta’s ongoing connectivity and capacity-building programmes in Pakistan.

Clegg reaffirmed Meta’s interest in continued engagement with Pakistan to explore modalities of further strengthening collaboration in digital space.

In October last year, the government introduced Removal and Blocking of Unlawful Online Content (Procedure, Oversight and Safeguards) Rules, 2021, directing social media platforms to register themselves with the Pakistan Telecommunication Authority (PTA). However, it has borne no fruit so far.

Flood help

FM Bilawal also thanked Meta for donating Rs125 million for humanitarian assistance to Pakistan in the wake of the deadly floods.

“These are testing times for Pakistan and this donation would be helpful for our flood relief operations,” FM Bilawal noted.

The foreign minister said after the floods, the task of full recovery, rehabilitation, and reconstruction cannot be accomplished without the support of the private sector.

In response, Clegg expressed his solidarity and sympathy with Pakistan on the devastation caused by unprecedented floods.

Record monsoon rains and glacial melt in northern Pakistan triggered the flooding that has impacted nearly 33 million people in the South Asian nation of 220 million, sweeping away homes, crops, bridges, roads and livestock in damages estimated at $30 billion. Scientists say the disaster was exacerbated by climate change.

Hundreds of thousands of people displaced by the floods are living in the open and as flood waters spread over hundreds of kilometres (miles) start to recede — which officials say may take two to six months — stagnant waters have led to diseases like malaria, dengue fever, skin and eye infections and acute diarrhoea.

In what UNICEF described as a situation “beyond bleak,” it said an estimated 16 million children have been impacted by the floods, and at least 3.4 million girls and boys remain in need of immediate, lifesaving support.

The government says GDP growth will likely drop to 3% from a previous estimate of 5% for the 2022-23 financial year.

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Business

Price of LPG “slashed” by Rs. 20 per kilogram

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Sources claim that LPG rates have been lowered by Rs 20, making the cost per kilogram drop from Rs 280 to Rs 260.

It is noteworthy to remark that the costs of LPG were reduced by Rs 20 per kilogram earlier, resulting in a total reduction of Rs 40 per kilogram within a few weeks.

The price of liquefied petroleum gas for the month of May 2024 was lowered by the Oil and Gas Regulatory Authority (OGRA) on April 30.

The LPG tariffs were lowered by Rs 11.88 to Rs 238.46 per kilogram in accordance with the OGRA’s notice. On Wednesday, May 1, 2024, the new rates will go into effect.

In April of last year, the price per kilogram of LPG was Rs 250.34. pricing reduction of Rs 140.18 has resulted in a new pricing for home LPG cylinders set for May 2024 of Rs 2813.85.

The OGRA reported a drop in liquefied petroleum gas pricing in April. The price of LPG is now Rs 250.34 per kg instead of Rs 256.78 due to a reduction of Rs 6.44 per kg.

The price of the household cylinder was fixed at Rs 2954.03 for the month of April, down from Rs 3030.12, a decrease of Rs 76.9.

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Business

ADB delegation stops by FBR headquarters

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Senior Director ADB Tariq Niazi oversaw the expedition, which also involved Sana Masood, Farzana Noshab, and Senior Public Sector Management Specialist Laisiasa Tora. The meeting included presentations from economists as well, according to an FBR press release.

The officers focused on structural and policy adjustments as they discussed the Domestic Resource Mobilization Program’s implementation at the meeting.

$300 million was given to the Pakistani government by ADB in December 2023 as a result of the hard work and dedication of FBR. Better laws, regulations, and institutional capability for the FBR were established by Sub-Program I.

With the $300 million in funding provided by the Asian Development Bank (ADB) to the Government of Pakistan in December 2023, the delegation conveyed satisfaction with the program’s effective launch.

The FBR also underlined how crucial digitization is to recording the economy and boosting productivity in a sustainable way.

In order to promote the Government of Pakistan’s Digital Tax Administration Project, both parties decided to look into measures to improve their cooperation.

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Off-duty police in Islamabad are prohibited from donning uniforms.

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The new directives, according to specifics, were sent via wireless by the federal capital police and state that no officer may wear a uniform when reporting for duty or leaving it.

According to the police official, uniforms will only be worn when on duty; otherwise, two policemen will accompany each other during duty hours and will always be required to carry guns.

A different development was the earlier release of an app by the Islamabad Police with the goal of improving crime prevention and public safety.

Launched on the orders of former Interior Minister Sarfraz Akbar Bugti, the recently released ICT-15 app aims to empower the people of the capital city by giving them the ability to actively engage in the battle against crime and protect their areas.

Residents of Islamabad can now easily download and utilize the ICT-15 app because it is easily accessible on the Google Play Store.

Citizens can report a variety of issues with this easy-to-use application, such as incidents, unlawful behavior, complaints against law enforcement, the presence of undocumented people, or any suspicious criminal activity.

The police promise quick reaction times as soon as information is reported using the app, so assistance will be provided as quickly as feasible.

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