13.8 C
Islamabad
Friday, December 13, 2024
HomeBusinessEconomyMinister Seeks ADB Support for key Databases, Concessional Loans

Minister Seeks ADB Support for key Databases, Concessional Loans

Islamabad (TDI) :  Federal Minister for Planning Development and Special Initiatives Ahsan Iqbal on Tuesday urged a delegation from Asian Development Bank (ADB) to establish comprehensive Database Management Systems for Police stations and courts  across Pakistan.

He was talking to a delegation from the Asian Development Bank (ADB) Pakistan Mission, led by Senior Director Tariq Niazi, who called on the Federal Minister.

During the meeting, the minister emphasized the need for technological integration across various networks and urged the ADB to develop a judicial information system for Pakistan’s 2,500 courts.

“The system should provide detailed profiles of all judges, track the status of disposed cases, and include timelines for pending cases to ensure transparency and efficiency,” he stated.

He further recommended the establishment of a comprehensive police information system to integrate all 1,500 police stations in the country.

This system would include details of each station’s jurisdiction and streamline operations. He underscored the importance of leveraging technology to modernize Pakistan’s administrative and service delivery systems.

Read More: ADB Reiterate Support for Pakistan’s Economic Reforms

“Technology should expose discrepancies in a way that eliminates human manipulation,” he said, citing the Federal Board of Revenue’s (FBR) successful implementation of the Iris software as a model for digital automation.

Ahsan Iqbal urged the ADB to increase the concessional financing limit for Pakistan, citing the severe economic repercussions of climate change.

They minister  stressed the need to separate climate financing from regular financing to support vulnerable countries effectively.

He identified export expansion as a critical challenge for Pakistan’s economy and sought ADB’s assistance in creating programs to drive export growth.

“A cluster-based approach can be adopted to enhance exports by identifying trade clusters with potential and conducting value chain analyses,” he suggested.

He highlighted the untapped potential of Pakistan’s flower industry as an example. “Pakistan’s flower-producing hub, Pattoki, could export flowers to Europe, as Bangkok does. Unfortunately, we remain confined to commodity production and consumerism,” he lamented.

On this occasion, Senior Director ADB Tariq Niazi briefed the Minister on ADB’s portfolio in the South Asian region, including its work in public sector management, governance, and macro-fiscal policy.

He highlighted ADB’s pivotal role in providing technical and financial assistance to Pakistan over the past decade, particularly during crises such as the pandemic, economic downturns, and conflicts.

The ADB delegation also shared updates on five active programs in Pakistan, which include pension reform, domestic resource mobilization, managing public-private partnerships, State-Owned Enterprise (SOE) transformation, and FBR digitalization initiatives.

Aslo Read: Pakistan, ADB Ink $500M Climate Resilience Loan Agreement

The ADB delegation expressed willingness to support studies and strategies to enhance Pakistan’s export capacity, aligning with the Minister’s vision for economic diversification and growth.

This meeting underscores the commitment of the Ministry of Planning, Development, and Special Initiatives and the ADB to collaborate on technological, economic, and administrative reforms for sustainable development in Pakistan.

The ADB delegation included Zain Fawzi, Senior Project Officer; Asad Aleem, Deputy Country Director; and Sana Masood, Senior Economist.

Trending Now

Latest News

Follow us

4,846FansLike
2,669FollowersFollow
1,710SubscribersSubscribe

Related News