Swedish IT Capabilities Could Be Utilized To Increase Financial
Sumaira FH Published September 21, 2016 | 08:50 PM
ISLAMABAD, (UrduPoint / Pakistan Point News -21st Sept,2016) : Finance Minister Senator Mohammad Ishaq Dar Wednesday said that Swedish capability in Information Technology (IT) sector could be utilized to provide increased financial services to the people in various parts of the country.
The Finance Minister was talking to Swedish Ambassador Ms Ingrid Johansson who called on him here. Finance Minister briefed the Swedish Ambassador about the turnaround in the economy over the past three years which had resulted in a growth rate of 4.7%, record low inflation and increase in foreign exchange reserves.
Dar also informed the Swedish Ambassador about the income support programme in Pakistan which was designed to make the people self sufficient. The minister expressed hope that she would work towards further enhancing trade and economic ties with Pakistan.
The Swedish Ambassador informed the minister of her recent visit to Karachi where she had held useful bilateral meetings. She also informed of the Swedish collaboration with the State Bank of Pakistan (SBP) as well as Punjab government in the areas of digital financial services and road safety respectively.
It was pointed out that Sweden was world's leader in IT sector, particularly in start-ups, and that efforts were underway to establish links with various universities in Pakistan. Sweden also has world leading companies like Ericsson, Volvo, Saab and Scania which had put its economy on a strong footing.
The meeting was attended by Secretary Economic Affairs Division as well as senior officials of Ministry of Finance. APP/maw/azm
Related Topics
Recent Stories
Higher taxes, awareness help decrease cigarettes sale in Pakistan
Sindh Minister of Works and Services Ali Hassan Zardari reviews ongoing projects ..
7 ordinances laid in Senate
Implementation of Naan, Roti's revised rates being ensured
Police attack case: ATC discharges PTI leader
Ahsan Iqbal chairs CPEC JWGs, 13th JCC review-meeting
Allama Iqbal gave Muslim Ummah a new dimension of thinking, hope: Dar
SNGPL takes action against 11 gas pilferers
Five numberdars dismissed in Jhang
Industries Minister recommends urea fertilizer import to stabilize prices and su ..
Honda announces US$11 bn EV battery and vehicle plant in Canada
CM lauds TCF's journey from 5 schools to 2000 across country
More Stories From Business
-
Higher taxes, awareness help decrease cigarettes sale in Pakistan
2 minutes ago -
Ahsan Iqbal chairs CPEC JWGs, 13th JCC review-meeting
6 minutes ago -
Industries Minister recommends urea fertilizer import to stabilize prices and supply
6 minutes ago -
Honda announces US$11 bn EV battery and vehicle plant in Canada
6 minutes ago -
Zhao Shirin calls on Punjab Industries Minister
33 minutes ago -
CEO APM Terminals calls on Finance Minister
37 minutes ago
-
SACM visits GTVC checks attendance register
43 minutes ago -
CEO APM Terminals meets Commerce Minister
43 minutes ago -
RTO destroys huge quantity of non-duty paid cigarettes
1 hour ago -
Pakistan's total liquid foreign reserves reach $ 13.28 billion
1 hour ago -
RDA inflows rise to $7.660 bn in March 24
1 hour ago -
FPCCI welcomes direct flights between Pakistan-Azerbaijan
1 hour ago