The Pakistani government is planning to make it easier for customers to buy smartphones in installments. The Federal Minister for Information Technology and Telecommunication, Dr Umar Saif, announced that a policy directive will be issued to the Pakistan Telecommunication Authority (PTA) soon. The government has been consulting with various stakeholders, including cellular operators, banks, and investment companies, to ensure that this initiative is successful and that organizations do not suffer losses. Dr Saif believes that providing smartphones on installments will increase demand, benefiting the mobile phone manufacturing industry and the country’s economy.
In order to deal with individuals who default on their installment payments, the government is considering blocking their mobile phones and even their National Identity Cards (NIC). The PTA will review the legal issues surrounding these measures.
Dr Saif also met with a parliamentary delegation from Rwanda, who expressed interest in importing smartphones made in Pakistan. The government is actively seeking foreign investment opportunities and aims to increase exports of Pakistani products. African countries, in particular, are seen as a potential market for Pakistani smartphones.
Overall, the government’s plan is to make smartphones more accessible to customers, boost demand, and strengthen the mobile phone manufacturing industry in Pakistan.
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