PITB and Faysal Bank Ltd. sign MoU to Facilitate Freelancers in Pakistan

PITB and Faysal Bank Ltd. sign MoU to Facilitate Freelancers in Pakistan

In a special ceremony held at Arfa Technology Park on June 01, Punjab Information Technology Board (PITB) and Faysal Bank Limited (FBL) signed an MoU to facilitate freelancers in Pakistan. The MoU was signed by PITB DG e-Governance Sajid Latif and FBL Head CIBG Ali Waqar on behalf of their respective organizations.

Senior officials from both organizations including PITB’s JD Freelancing Wing Ahmad Islam, State Bank of Pakistan’s Senior Officer Ali Atta and Payoneer’s Country Manager Mohsin Muzaffar were also present.

According to the MoU, PITB and Faysal Bank would collaborate to support endeavors and activities of mutual interest including facilitation of freelancers by offering them a “Digital Freelancer Account”.

FBL would provide the Digital Freelancer Account to existing and to-be PITB graduates and support different events organized by PITB related to digital technology, youth empowerment and freelancing ecosystem. Furthermore, FBL would market and give partner privilege to PITB owing to the organization’s large freelancers’ base across Pakistan (alumni and trainees).

PITB is fully committed to facilitating freelancers across Pakistan by imparting digital skills through various initiatives. PITB has been extending its support across Pakistan since 2021 to aspiring entrepreneurs and freelancers hailing from diverse social backgrounds. PITB’s freelancing initiatives have benefitted both men and women alike through trainings by helping them achieve financial empowerment.

Through this collaboration, PITB and FBL would accelerate the Digital Pakistan initiative by enabling digital financial services for the rapidly growing freelancer economy.

The initiative will also allow both PITB & FBL to extend their products/services to a wider cross-section of population across Pakistan strengthening and accelerating Pakistan’s forward march.

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