ISLAMABAD: Chief of Army Staff General Asim Munir condemned the spread of disinformation in cyberspace about Pakistan on Friday, saying it was creating an atmosphere of anxiety on social media and developing a perception that the state was gradually unraveling.
According to the Pakistani state-owned broadcaster, PTV, the army chief made the observation while addressing the National Farmers’ Convention where he told the participants not to pay attention to information carrying negative sentiments about the country.
Earlier this year, the army chief promised agricultural revolution in Pakistan while pointing out it would lead to greater national prosperity.
“Rumors and negative things are being said about Pakistan,” he said. “But you should know only two states were established in the name of [Islam]: the state of Madinah and the state of Pakistan. This is not a coincidence.”
“By creating an atmosphere of anxiety, despair and chaos on social media, an impression is being created through false news that the state is losing its existence,” he continued.
The army chief said that agriculture and cattle rearing had been the vocation of almost every prophet since it took discipline and patience before yielding immense rewards.
He noted the country had launched the Green Pakistan Initiative since it wanted to develop agriculture first.
“A major part of the income of Green Pakistan Initiative will go to the provinces, while the rest will be kept for farmers and agricultural research,” he said about the program which he jointly inaugurated with former prime minister Shehbaz Sharif in July. “The role of the army in this is only to serve the people and farmers.”
“Agriculture Malls will be set up in all districts where all kinds of agricultural facilities will be available to farmers,” he added.
The army chief maintained during the ceremony that Pakistan was the fastest growing country in Asia in the 1960s before the pace of its progress reduced.
Pakistan’s army chief slams social media disinformation creating perception of state’s unraveling
https://arab.news/4wnrw
Pakistan’s army chief slams social media disinformation creating perception of state’s unraveling
- General Asim Munir asks people not to pay attention to information with negative sentiments about the country
- Army chief tells a farmers’ convention Pakistan will set up malls to promote agricultural sector for greater prosperity
Pakistan, global crypto exchange discuss modernizing digital payments, creating job prospects
- Pakistani officials, Binance team discuss coordination between Islamabad, local banks and global exchanges
- Pakistan has attempted to tap into growing crypto market to curb illicit transactions, improve oversight
ISLAMABAD: Pakistan’s finance officials and the team of a global cryptocurrency exchange on Friday held discussions aimed at modernizing the country’s digital payments system and building local talent pipelines to meet rising demand for blockchain and Web3 skills, the finance ministry said.
The development took place during a high-level meeting between Finance Minister Muhammad Aurangzeb, Pakistan Virtual Assets Regulatory Authority (PVARA) Chairman Bilal bin Saqib, domestic bank presidents and a Binance team led by Global CEO Richard Teng. The meeting was held to advance work on Pakistan’s National Digital Asset Framework, a regulatory setup to govern Pakistan’s digital assets.
Pakistan has been moving to regulate its fast-growing crypto and digital assets market by bringing virtual asset service providers (VASPs) under a formal licensing regime. Officials say the push is aimed at curbing illicit transactions, improving oversight, and encouraging innovation in blockchain-based financial services.
“Participants reviewed opportunities to modernize Pakistan’s digital payments landscape, noting that blockchain-based systems could significantly reduce costs from the country’s $38 billion annual remittance flows,” the finance ministry said in a statement.
“Discussions also emphasized building local talent pipelines to meet rising global demand for blockchain and Web3 skills, creating high-value employment prospects for Pakistani youth.”
Blockchain is a type of digital database that is shared, transparent and tamper-resistant. Instead of being stored on one computer, the data is kept on a distributed network of computers, making it very hard to alter or hack.
Web3 refers to the next generation of the Internet built using blockchain, focusing on giving users more control over their data, identity and digital assets rather than big tech companies controlling it.
Participants of the meeting also discussed sovereign debt tokenization, which is the process of converting a country’s debt such as government bonds, into digital tokens on a blockchain, the ministry said.
Aurangzeb called for close coordination between the government, domestic banks and global exchanges to modernize Pakistan’s payment landscape.
Participants of the meeting also discussed considering a “time-bound amnesty” to encourage users to move assets onto regulated platforms, stressing the need for stronger verifications and a risk-mitigation system.
Pakistan has attempted in recent months to tap into the country’s growing crypto market, crack down on money laundering and terror financing, and promote responsible innovation — a move analysts say could bring an estimated $25 billion in virtual assets into the tax net.
In September, Islamabad invited international crypto exchanges and other VASPs to apply for licenses to operate in the country, a step aimed at formalizing and regulating its fast-growing digital market.
