ISLAMABAD: A pioneering American artificial intelligence (AI) company, Afiniti, has decided to expand its operations in Pakistan and recruit more talent in the South Asian country, the Pakistani finance ministry said on Monday.
Founded in 2005, Afiniti is a global AI provider in health care, telecommunications, travel, hospitality, insurance and banking industries as well as across multiple customer experience channels.
A delegation, led by Afiniti Chief Executive Officer Jerome Vaughan Kapelus, called on Finance Minister Muhammad Aurangzeb on Monday to discuss the company’s growth and continued investment in Pakistan.
“The meeting focused on discussions regarding Afiniti’s expanding business operations in Pakistan, the recruitment of talent and associated issues related to the taxation structure,” the Pakistani finance ministry said in a statement.
Kapelus highlighted that around 80 percent of Afiniti’s operational support team was based in Karachi, Lahore and Islamabad, with the company’s customer base extending to North America, Europe and other regions.
He praised Pakistani engineers, computer scientists and technologists, and said that his firm had an “exceptional” experience while recruiting people from Pakistan, according to the statement.
Pakistan is making steady progress in AI, with increasing investments in research, education and industry. Initiatives like the National Center for Artificial Intelligence are driving innovation, while startups explore AI applications in health care, finance and security sectors.
Despite challenges such as limited funding and infrastructure, Pakistan’s AI sector shows promise, with companies leveraging AI for data analytics, automation and customer engagement. As global AI adoption increases, the South Asian country aims to strengthen its position through policy support and technological advancements.
Aurangzeb appreciated Afiniti’s continued investment in Pakistan and assured the delegation of his government’s support in creating an enabling ecosystem for IT and agriculture sectors. He apprised the delegation of the Pakistan Crypto Council’s launch to regulate and integrate blockchain technology and digital assets into Pakistan’s financial landscape.
“The meeting concluded with a reaffirmation of the government’s commitment to supporting businesses like Afiniti, and the importance of continued collaboration between the public and private sectors to foster growth and development in Pakistan,” the finance ministry said.
Pioneering American AI firm to expand operations in Pakistan, finance ministry says
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Pioneering American AI firm to expand operations in Pakistan, finance ministry says
- Afiniti is a leading global AI provider in health care, telecommunications, travel, hospitality, insurance and banking industries
- Around 80 percent of Afiniti’s operational support team is based in Pakistan, with its customer base extending to Europe and other regions
Anti-fuel smuggling drive boosts Pakistan revenues 82%, PM office says
- Crackdown targets illegal petroleum trade using GPS tracking and pump registration
- July–November gains cited as government intensifies tax, customs enforcement
ISLAMABAD: The Pakistani prime minister’s office said on Friday revenues from petroleum products rose 82% between July and November 2025 after a nationwide crackdown on fuel smuggling, as the government steps up enforcement to curb tax evasion and losses that have long strained public finances.
The increase was cited during a weekly performance review of the Federal Board of Revenue (FBR), where Prime Minister Shehbaz Sharif directed authorities to accelerate action against smuggling and tax evasion, according to a statement issued by the PM’s Office.
Fuel smuggling has been a persistent problem in Pakistan, where subsidised or untaxed petroleum products are often trafficked across borders or sold through unregistered pumps, depriving the state of revenue and distorting domestic energy markets. Successive governments have blamed the practice for billions of rupees in annual losses, while international lenders have repeatedly urged tighter enforcement as part of broader fiscal reforms.
“Every year the nation loses billions due to smuggling,” Sharif was quoted as saying in a statement, praising customs authorities for successful operations and noting that revenues from petroleum products increased by 82% from July to November 2025 compared with the same period last year.
The PM said stricter enforcement had brought several goods back into the formal economy, adding that there would be “no leniency” toward those involved in tax evasion or illegal trade.
Officials briefed the prime minister that Pakistan Customs has rolled out a nationwide enforcement framework, including GPS tracking of petroleum product transportation, registration of fuel stations through a digital monitoring system, and legal action against illegal machinery under updated petroleum laws.
The government has also instructed provincial administrations to cooperate fully with federal authorities in shutting down illegal petrol pumps, the statement said.
Sharif said enforcement efforts would continue until smuggling networks were dismantled and tax compliance improved, as the government seeks to strengthen revenues amid ongoing economic reforms.
Pakistan has struggled for years with weak tax collection and a narrow revenue base, forcing repeated bailouts from the International Monetary Fund. Smuggling of fuel, cigarettes, electronics and consumer goods has been identified by policymakers as a major obstacle to improving revenues and stabilising the economy.
Independent research shows that Pakistan loses an estimated Rs750 billion (about $2.7 billion) annually in tax revenue due to illicit trade and smuggling across sectors such as petroleum, tobacco and pharmaceuticals. Broader analyzes suggest total tax revenue losses linked to the informal economy and smuggling may reach as high as Rs3.4 trillion (around $12.1 billion) a year, roughly a quarter of the government’s annual tax targets.
Smuggled petroleum products alone are thought to cost the state about Rs270 billion (around $960 million) a year in lost revenue, underscoring why authorities have focused recent enforcement efforts on fuel tracking and pump registration.
