• Legacy
  • Academy
  • Business
  • PayTech
  • Ignite
  • Cellcos
  • Wired
  • CovidTech
  • Library
  • Touch Base
Subscribe
CW Pakistan

Computerworld Pakistan

CW Pakistan
  • Legacy
  • Academy
  • Business
  • PayTech
  • Ignite
  • Cellcos
  • Wired
  • CovidTech
  • Library
  • Touch Base
  • Computerworld

Advisor on Finance to Head Committee on NGMS Spectrum Sale

  • September 14, 2020
  • Content Desk
Total
0
Shares
0
0
0

Advisor to Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh chaired the meeting of the Economic Coordination Committee (ECC) of the Cabinet at the Cabinet Division.

For the release of the Next Generation Mobile Services (NGMS) Spectrum in Pakistan for the improvement of mobile broadband services, ECC approved the formation of an Advisory Committee for the release of the unsold spectrum for NGMS.

The composition of the Committee is as follows: Adviser to Prime Minister on Finance & Revenue (Chairman), Federal Minister for Information Technology and Telecommunication, Adviser to PM on Commerce, Minister for Industries and Production, Federal Minister for Planning, Development and Special Initiatives besides other members.

Terms of Reference of the Committee (ToRs) would be:

1) To examine and evaluate the market assessment report and recommendations of PTA for the release of maximum NGMS spectrum in Pakistan.

2) To examine and finalize the policy directives for the Federal Government for the release of NGMS spectrum in Pakistan.

3) To oversee the release process to be conducted by PTA.

ECC also approved the amendment in the minutes of an earlier decision (based on the directives given earlier in the meeting of 22 July 2020) related to the subsidy of the Naya Pakistan Housing and Development Authority. The amended and approved decision states “approval of allocation of Rs. 33,095 million on account of 10 years markup subsidy on loans with tenor up to 20 years with a supplementary grant of Rs. 4,774 million on account of markup payment during the current financial year (FY 2020-21).”

ECC also approved the continuation of concessionary rates of electricity and RLNG for export-oriented sectors (erstwhile zero-rated sectors). It has been worked out by the Power Division that for July-August 2020, the electricity to export-oriented sectors may be provided at US cents 7.5/kWh and thereafter at US Cents 9/kWh for the rest of the financial year 2020-21.

ECC also decided that the Finance Division will continue with the existing guarantee of 31 billion for the power sector through Power Holding Company (PHL).

Total
0
Shares
Share 0
Tweet 0
Pin it 0
Related Topics
  • Adviser to PM on Commerce
  • Adviser to Prime Minister on Finance & Revenue
  • Breaking News
  • Development and Special Initiatives
  • Dr. Abdul Hafeez Shaikh
  • Federal Minister for Information Technology and Telecommunication
  • Federal Minister for Planning
  • Minister for Industries and Production
  • Naya Pakistan Housing and Development Authority
  • Next Generation Mobile Services
  • NGMS Spectrum
Content Desk

Previous Article
  • PC World

Epic Games Awards Mega Grant to Pakistani 3D Animation Studio 

  • September 14, 2020
  • Content Desk
View Post
Next Article
  • DEMO PAKISTAN
  • Ignite

NUST TechOne Incubator Opens Applications for Student Startup Business Center

  • September 16, 2020
  • Content Desk
View Post
You May Also Like
View Post
  • Computerworld
  • Ignite

The economy is booming: Bags from Pakistan Top ten rankings in terms of improving the business climate

  • Sub Editor
  • April 15, 2022
View Post
  • Computerworld
  • Ignite

The government plans to build a software technology park in Bannu.

  • Sub Editor
  • April 15, 2022
View Post
  • Computerworld
  • DEMO PAKISTAN
  • Ignite
  • Technology

The Board of Investment has launched an online portal for Special Economic Zones.

  • Sub Editor
  • April 15, 2022
View Post
  • Computerworld
  • DEMO PAKISTAN
  • Ignite

Shafqat Mahmood, Minister of Education, Launches IBCC E-Portal And Mobile App For Education Sector

  • Sub Editor
  • April 15, 2022
View Post
  • Computerworld
  • DEMO PAKISTAN
  • Ignite
  • Technology

Shibli Faraz reports on PSQCA’s plans to launch an automated system to speed up the standardisation process.

  • Sub Editor
  • April 15, 2022
View Post
  • Computerworld
  • DEMO PAKISTAN
  • Ignite
  • Technology

Teachers in Punjab now have access to an electronic transfer system.

  • Sub Editor
  • April 15, 2022
View Post
  • Computerworld
  • DEMO PAKISTAN
  • Ignite
  • Technology

PTCL and GCU have signed an agreement to provide premium ICT services.

  • Sub Editor
  • April 15, 2022
View Post
  • Computerworld
  • DEMO PAKISTAN
  • Ignite
  • Technology

SBP Simplifies the Process of Increasing Overseas Investment for Startups

  • Sub Editor
  • April 15, 2022
View Post
  • Computerworld
  • DEMO PAKISTAN
  • Ignite
  • Technology

Quetta will get its first and largest software technology park after a memorandum of understanding is inked.

  • Sub Editor
  • April 15, 2022
View Post
  • CIO
  • Computerworld
  • DEMO PAKISTAN
  • Ignite
  • Technology

Punjab’s Minister of Higher Education and Information Technology officially launches e-Earn, the province’s largest co-working network.

  • Sub Editor
  • April 15, 2022
View Post
  • Computerworld
  • DEMO PAKISTAN
  • Ignite
  • Technology

Punjab’s Minister of Higher Education and Information Technology officially launches e-Earn, the province’s largest co-working network.

  • Sub Editor
  • April 15, 2022
View Post
  • Computerworld
  • DEMO PAKISTAN
  • Ignite
  • Technology

Pakistan is one of 15 countries where e-waste poses a serious health risk, according to the United Nations.

  • Sub Editor
  • April 15, 2022
View Post
  • Computerworld
  • DEMO PAKISTAN
  • Ignite

Pakistan’s NFT Revolution is led by Wasim Akram.

  • Sub Editor
  • April 15, 2022
View Post
  • Computerworld
  • DEMO PAKISTAN
  • Ignite
  • Technology

Pakistani scientists have been praised for developing the ZECC technology for storing fruits and vegetables

  • Sub Editor
  • April 15, 2022
View Post
  • Computerworld
  • DEMO PAKISTAN
  • Ignite

Pakistan’s e-Learning portal, Skills Todo, is still in second place.

  • Sub Editor
  • April 15, 2022
View Post
  • Computerworld
  • DEMO PAKISTAN
  • Ignite
  • Technology

Pakistan has over 40 fintech companies, according to a report.

  • Sub Editor
  • April 15, 2022
View Post
  • Computerworld
  • DEMO PAKISTAN
  • Ignite
  • Technology

PSEB will create an office in Quetta to help the IT sector in Balochistan grow

  • Sub Editor
  • April 15, 2022
View Post
  • Computerworld
  • DEMO PAKISTAN
  • Ignite
  • News
  • Technology

Pakistan’s own encrypted messaging software is 60% complete, according to a report.

  • Sub Editor
  • April 15, 2022
View Post
  • Computerworld
  • DEMO PAKISTAN
  • Ignite
  • Technology

NXT from NETSOL creates a 3D model of Pakistan.

  • Sub Editor
  • April 15, 2022
View Post
  • Computerworld
  • DEMO PAKISTAN
  • Ignite
  • Technology

Pakistan Railways is planning to use e-tracking for cargo trains.

  • Sub Editor
  • April 15, 2022

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

about
About
Launched in 1967 internationally, Computerworld Magazine is the oldest tech magazine/media property brand in the world. Today Computerworld (abbreviated as CW) is an ongoing decades old professional publication which in 2014 "went digital”. In Pakistan Computerworld was launched in 1995. Initially providing news to IT executives only, once CIO Pakistan from the same family launched, and took over the domain, CW Pakistan has slowly emerged as a holistic technology news platform reporting everything tech in the country. It remains the oldest running continuous IT media publishing platform in the country and approaching 3 decades of existence, it has been the industry’s biggest benchmark and hopes to continue for years to come.
Read more
Explore Computerworld Sites Globally
  • ComputerWorld.es
  • computerworld.com.pt
  • Computerworld.com
  • cw.no
  • computerworldmexico.com.mx
  • computerwoche.de
  • computersweden.idg.se
  • computerworld.hu
  • cwi.it
  • project.nikkeibp.co.jp
Content from other IDG brands
  • PCWorld
  • Macworld
  • Infoworld
  • TechHive
  • GameStar
  • Network world
CW Pakistan
  • CWPK
  • CXO
  • WALLET
  • Demo
CW Media & all its sub brands are copyrighted to SPIN-IDG Wakhan Media Inc., the publishing arm of NCC-RP Group. Site is designed by Crunch Collective ©️ 2022

Input your search keywords and press Enter.