Pakistan aims to produce 1M AI-trained IT graduates by 2027

The policy framework showcases Pakistan’s willingness to integrate AI for public and national betterment. The country has set 15 targets with timelines ranging from 2023 to 2028.

Just days after announcing that cryptocurrencies will “never be legalized” in the country, Pakistan’s Ministry of IT & Telecom drafted a policy to spur the growth of artificial intelligence

With the national AI policy, Pakistan aims to evolve into a knowledge-based economy by upskilling human capital on AI and allied technologies, among other investments and initiatives.

The policy framework showcases Pakistan’s willingness to integrate AI for public and national betterment. The country has set 15 targets with timelines ranging from 2023 to 2028. To support these initiatives, Pakistan intends to establish a National AI Fund by using the Ministry of IT & Telecom’s “underutilized resources and funds.”

A snippet of Pakistan’s national AI policy draft. Source: Ministry of IT & Telecom

Some of the intended use cases for AI in Pakistan include predicting the weather, agriculture supply chain optimization and health services transformation, to name a few.

The Pakistani government has taken an inclusive approach toward building AI policies as it remains open to feedback from the general public until June 16.

Related: Pakistan banks agree on blockchain-based KYC system development

The primary reason for Pakistan’s ban on cryptocurrencies was due to the requirements set by the Financial Action Task Force (FATF). In return, the country remains excluded from FATF’s gray list.

As Cointelegraph previously reported, while FATF does not have the authority to impose sanctions on non-compliant countries, it can likely influence government and corporate policies worldwide.

By complying with FATF, Pakistan holds a higher possibility of getting a bailout from the International Monetary Fund.

Magazine: Ordinals turned Bitcoin into a worse version of Ethereum: Can we fix it?

Please enter CoinGecko Free Api Key to get this plugin works.

Subscribe for The Latest Crypto News and deals.

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

World Wide Crypto will use the information you provide on this form to be in touch with you and to provide updates and marketing.