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Pakistan’s IT industry is expanding rapidly.

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With the assistance of the Special Investment Facilitation Council (SIFC), the information technology industry is expanding significantly.

This year, the government has set aside seventy-nine billion rupees for the information technology sector, taking into account its extensive potential.

Amounts of 19 billion and 22 billion rupees, respectively, have been set aside for the Pakistan Software Export Board and the development of IT parks in Islamabad and Karachi.

With SIFC’s assistance, the IT industry is expanding quickly, and a large number of start-ups are making their global debuts.

The nation’s IT exports will increase, as Prime Minister (PM) Shehbaz Sharif had already promised.

A complete package for the IT industry needs to be prepared, the prime minister stressed while chairing a high-level meeting on the industry’s promotion.

Along with forming a committee to study the issue and instructing it to give recommendations as soon as possible, PM Shehbaz opted to include a fixed tax regime for the IT sector in the budget.

The government would invest a significant sum of money in training young people for careers in the IT industry, according to PM Shehbaz. As of right now, he continued, 45,000 youth nationwide are receiving IT-related training.

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Maintaining Fertiliser Price Stability: The Need for a Continuous Gas Supply to the Fertiliser Sector

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To guarantee fertiliser price stability, a cabinet committee meeting was presided over by Senator Muhammad Ishaq Dar, the deputy prime minister.

Senior government officials, including Industries Minister Rana Tanveer Hussain, attended the meeting.

The attendees received an update on the government’s, gas suppliers’, and fertiliser industry’s conversations. Additionally, the gas supply for the fertiliser sector was evaluated and determined to be adequate.

Throughout the Rabi cropping season, the Deputy Prime Minister ordered the fertiliser industry to maintain a continuous gas supply in order to guarantee steady production and stock levels.

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Fifth Straight Cut: PM Applauds SBP’s Policy Rate Reduction

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Prime Minister Muhammad Shehbaz Sharif has praised the State Bank of Pakistan’s decision to lower its policy rate by an additional 2 percent, stating that the bank’s current 13 percent rate is encouraging for the nation’s economy.

He expressed optimism in a statement that the policy rate cut would encourage investment and further boost investor confidence in the country’s economy.

The prime minister said that decreasing the inflation rate also lowered the policy rate and that future inflation rate reductions will be even more pronounced.

Additionally, he expressed gratitude to the Federal Finance Minister and other officials for their work in this area.

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GHQ Attack Case: Prosecution Seeks Bail Cancellation of CM KP & Other Accused, Indicts 9 More

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25 defendants, including PTI officials, have non-bailable arrest warrants issued by the Anti Terrorism Court of Rawalpindi for their failure to show up for court proceedings related to the GHQ attack case.

Judge Amjad Ali Shah added nine more suspects to the GHQ attack indictment list during today’s ATC Court sessions, bringing the total to 98.

Among the 61 defendants who appeared in court were Shah Mehmud Qureshi and the founder of the PTI.

Among those charged are Khadim Hussain Khokhar, Mehr Mohammad Javed, Chaudhary Asif, Zakir Ullah, Azeem Ullah, Shireen Mazatri, Major Retired Tahir Sadiq, and former MPA Rashid Hafeez.

A plea to cancel the bail of 23 suspects, including Chief Minister Khyber Pakhtunkhwa, has also been filed by the prosecution side.

In the GHQ attack, there were 119 accused in total.

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