ISLAMABAD: Pakistan has become the only country in South Asia to achieve the rank of being a 4th Generation Regulator by the International Telecommunications Union (ITU).
The ITU said in a statement that only eight percent states have managed to achieve G4 status out of 38 economies in Asia-Pacific. Pakistan has scored 88 out of 100 in its growth of information and communications technology which implies that its regulations are being run under social policy and economic goals.
Pakistan is also among the top five regulators in the Asia-Pacific region. Other countries in the top five list include Singapore, Japan, Australia and Malaysia.
The report is based 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 statement added that the Tracker, developed by ITU, is an evidence-based tool and is used by regulators to monitor the rapid evolution of ICT regulation.
Pakistan’s journey towards collaborative regulation has also been highlighted as a special feature in the report. Pakistan has scored full marks (20/20) for regulatory authority, 19/22 for regulatory mandate, 22/30 for regulatory regime and 27/28 for competition framework.
The ITU said 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”.