Digital FDI Initiative Pakistan 2025

Create an enabling regulatory environment through interventions and measures to ensure policy continuity, coherence and ease of complianceTHEME 2 Relevance Impact No. Option Effort Direct10Ease the licence application process by incorporating a checklist of requirements on the regulator’s website, making it easier for companies to ensure compliance Low 11Reduce regulations for internet service providers by a significant amount, as a multiplicity of regulations makes compliance difficult and increases cost and effort for players Medium 12The SECP to define a post-statutory period after which automatic approval is granted for foreign board members instead of waiting on MoI’s approval without any end date Medium 13Expand existing SBP efforts to digitalize administrative procedures and reduce dependence on paper trails Medium 14The SECP to create a working and seamless digital registration process for easy business registration Medium 15Digitalize the account-opening process end to end, including commercial know your customers (KYC) procedures, to simplify regulations that require a significant paper trail Medium 16Enable the efficient resolution of complaints and cases against the PTA to promote fair conflict resolution and establish trust in the regulatory process Medium 17Introduce effective national-level regulations and directives that incentivize digital transfers/ transactions over cash-based transfers/transactions High 18Ensure the sanctity of contracts/agreements to enhance investor confidence trail High Indirect19Implement targeted/geofenced network shutdowns in the face of security concerns, as opposed to ones that span entire cities Medium 20Ensure consistency and harmony between laws of the Pakistan Electronic Media Regulatory Authority (PEMRA) and the PTA to promote a conducive regulatory framework that enables seamless regulation in the telecom sector High 21Devise mechanisms/forums to encourage collaboration and build trust between regulators and tech industry stakeholders Low 22Solve banking system fragmentation and increase banked population by attaching a bank account to the computerized national identity card (CNIC) x SIM card through more integrated and more sophisticated use-cases of digital ID HighDFDI pillars¹ DA ND DI OD High High Medium Low Policy options to support Theme 2: Create an enabling regulatory environment through interventions and measures to ensure policy continuity, coherence and ease of compliance Digital FDI Initiative: Digital FDI-Enabling Project in Pakistan 38