by: Ministry of IT and Telecom:
Federal Minister for IT and Telecommunication Syed Amin Ul Haque said that the limited facility of Letters of Credit (LCs) is insufficient for the Telecom sector as it is causing hurdles in the import of equipment for upgrading mobile networking. Federal Minister for IT and Telecommunication Syed Amin Ul Haque was chairing the 44th Policy Committee Meeting of Universal Service Fund (USF) here on Tuesday.
The meeting was attended by Additional Secretary (Incharge), Ministry of IT Mohsin Mushtaq, Senior Joint Secretary, Member Telecom Omer Malik, CEO USF Haaris Mahmood Chaudhary, CEO Ignite Asim Shahryar and others.
Federal Minister for IT said that Telecom companies were facing difficulty in importing upgraded systems and equipment due to limited permission of LCs and it may also result in delays in projects for the provision of 4G services in far-flung areas of the country.
Earlier, the CEO of USF Haaris Mahmood Chaudhary briefed the chair about the ongoing projects. The meeting also approved the release of Rs 5 billion in development funds for USF for the second and third quarters out of the total USF budget of Rs 32.13 billion for FY 2022-23. It also approved releases to Ignite Co on a quarterly basis in line with the approved budget.
Meanwhile, in order to save electricity, the Ministry of IT and Telecommunication has started implementing one room light policy. A notification has been issued in this regard.
Federal Minister for IT Syed Amin Ul Haque said that electricity saving is the need of the hour and vital to cope with economic issues.
All the attached departments of the MOITT have also been directed to comply with the order in letter and spirit./Ends.
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