Pakistan has been ranked as 4th Technology Regulator (G4) by the Worldwide Telecommunication Union (ITU) and is the one nation in South Asia to have achieved this place.
“Out of 38 economies in Asia-Pacific, only 8% states have managed to achieve G4 status,” mentioned an announcement.
In accordance with ITU’s report “Global ICT Regulatory Outlook 2020 (GIRO)”, the nation scored 88 out of 100, which signifies that Pakistan can also be among the many prime 5 regulators within the Asia-Pacific area.
“GIRO is built on high-quality data provided by 193 countries worldwide that forms the basis of ‘ICT Regulatory Tracker’. The Tracker, developed by ITU, is an evidence-based tool that helps decision-makers and regulators monitor the rapid evolution of ICT regulation.”
The assertion added that the Tracker, developed by ITU, is an evidence-based device and is utilized by regulators to “monitor the rapid evolution of ICT regulation”.
Pakistan has scored full marks (20/20) for regulatory authority, 19/22 for regulatory mandate, 22/30 for regulatory regime and 27/28 for competitors framework.
“Pakistan’s journey towards collaborative regulation has also been highlighted as a special feature in the report.”
The ITU mentioned the Pakistan Telecommunication Authority (PTA) is “continuously striving to achieve new international benchmarks by showing its commitment to protect consumer interests and enhance public-private collaborations for the digital transformation & socio-economic benefit of Pakistan”.