The policy framework is testament to Pakistan’s ambitious vision to embrace AI as a powerful tool for public and national advancement. With determination, the country has formulated 15 goals, backed by detailed timelines stretching from 2023 to 2028.
Pakistan’s AI technology advancement policy
In a remarkable U-turn, just days after proclaiming that cryptocurrencies would “never be legalized,” Pakistan’s Ministry of IT & Telecom has launched a bold policy to promote the growth of artificial intelligence.
With this ambitious national AIpolicy Pakistan is striving to become a knowledge economy. Among other investments and initiatives, the country will focus on improving human capital through upskilling in AI and related technologies.
Pakistan is demonstrating strong determination in integrating AI as a means of promoting public and national progress, as reflected in the policy framework. With a series of 15 ambitious targets spanning the period from 2023 to 2028, the country is demonstrating its commitment to this undertaking.
To power these pioneering initiatives, Pakistan is seeking to establish a National AI Fund, leveraging the “underutilized resources and funds” of the Ministry of IT & Telecom.
An excerpt from Pakistan’s National AI Policy Proposal. Source: Ministry of IT & Telecom.
There are several ways artificial intelligence (AI) can be applied in Pakistan, such as forecasting the weather, improving logistics in the agricultural sector and innovating healthcare. These are just a few examples of the intended applications.
Regarding AI policy, the government of Pakistan has chosen to take an inclusive approach. They have decided to gather feedback from the public and are open to suggestions and opinions until June 16.
The influence of the FATF
The main reason for the cryptocurrency ban in Pakistan was due to the demands of the Financial Action Task Force (FATF). As a result of the ban, Pakistan remains outside the FATF gray list.
The FATF does not have the direct power to impose sanctions on non-compliant countries, but it can probably influence the policies of governments and companies worldwide.
By meeting the requirements of the FATF, Pakistan increases the chance of receiving financial assistance from the International Monetary Fund.