In a major win for the freelance community, Pakistan’s Caretaker Minister for Information Technology and Communication, Dr. Umar Saif, has announced the green light for receiving remittances through PayPal. This long-awaited move eliminates a major hurdle for Pakistani freelancers, who now have a seamless and secure way to receive international payments for their work.

But the good news doesn’t stop there. The government has also approved the National Space Policy, paving the way for private companies to utilize low-orbit satellites for providing communication services within Pakistan. This opens up exciting possibilities for enhanced connectivity and innovation, particularly in remote areas.

Dr. Saif further highlighted the upcoming launch of a massive “Pakistan Startup Fund” with a two billion rupee allocation. This initiative aims to nurture a thriving entrepreneurial ecosystem by empowering young minds with the resources and support they need to turn their ideas into successful businesses.

These announcements paint a picture of a Pakistan embracing technological advancements and prioritizing the needs of its digital workforce and aspiring entrepreneurs. Opening doors to PayPal remittances removes a major obstacle for freelancers, while the Space Policy and Startup Fund hold the potential to unlock significant growth and economic opportunities in the years to come.

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