Worried about the internet shutdown, multinational companies started shifting their office from Pakistan – Pakistan

Internet outages or slow speeds in Pakistan in recent times are proving to be disastrous for the digital industry. These issues are likely to have come to light after the installation of firewalls, PTA has remained silent on the matter and now the Pakistan Business Council (PBC) has warned that several multinational companies (MNCs) have Due to large-scale internet shutdown or slow speed due to installation of firewall, many companies have decided to move their office from Pakistan.

According to a report by Business Recorder, PBC said in a detailed statement on social media platform X that “we are forced to pay the cost of capacity in power generation which would have resulted in unemployment and loss of exports and tax revenue. But now we face the risk of idle capacity in the emerging software sector due to poor firewall implementation.

The council believed that even if a firewall was necessary for security, earlier trials could have saved the livelihoods of thousands of freelance software developers and Pakistan’s reputation as a reliable supplier of IT/IT-related services. could have avoided harm.

“Many MNCs are planning to relocate their offices and some have already done so,” he said. “It is not too late,” he said. The PBC has urged the authorities to reconsider and get the right firewall or learn to apply it without undue impact on employment and exports.

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This statement has come at a time when internet shutdowns continue across the country and the exact reason is still unknown. The tech industry has already sounded the alarm and warned that these disruptions could cost Pakistan’s economy up to $300 million.

Ali Ehsan, Senior Vice President, Pakistan Software Houses Association, said that these disruptions are not only inconvenient but a direct attack on the industry’s functionality, resulting in catastrophic financial losses estimated at $300 million. May increase further.