{"id":453950,"date":"2025-01-07T01:17:01","date_gmt":"2025-01-06T20:17:01","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=453950"},"modified":"2025-01-07T01:17:01","modified_gmt":"2025-01-06T20:17:01","slug":"faceless-customs-assessment-system-to-expand-the-knowledge-based-economy","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/faceless-customs-assessment-system-to-expand-the-knowledge-based-economy\/","title":{"rendered":"Faceless Customs Assessment System to expand the knowledge-based economy"},"content":{"rendered":"<p> ISLAMABAD<br \/>\nMinister of State for Finance and Revenue Ali Pervaiz Malik Monday stated that Pakistan, under the Prime Minister\u2019s vision, is taking a giant leap in digitalization with the Faceless Customs Assessment System to expand the knowledge-based economy, ensure universal connectivity and promote digital literacy.<br \/>\nIn an exclusive interview with a private news channel, minister unveiled plans to integrate the Faceless Customs Assessment System into the Federal Board of Revenue\u2019s transformation strategy, aligning with the Prime Minister\u2019s vision for a Digital Pakistan which aims to harness digitalization, streamlining business processes and bolstering tax collection documentation.<br \/>\nHe explained that the Faceless Customs Assessment System aims to facilitate trade by reducing clearance time, inducing efficiency and promoting transparency in assessments, adding, this system is expected to bring a significant change in the overall culture and working of the Customs department.<br \/>\nBy automating the customs assessment process, the system eliminates the need for physical interaction between customs officials and traders, reducing the risk of corruption and increasing the speed of clearance, he added. Minister further said that the \u201cFaceless Customs Assessment System\u201d is set to revolutionize Pakistan\u2019s economy, adding, this System is a key milestone in Pakistan\u2019s journey to digital transformation.<br \/>\nResponding to a question, he revealed that the system is expected to be fully functional within the next 2 to 3 months. Addressing concerns about slow internet speeds, the Minister stated that the Pakistan Telecommunication Authority (PTA) and the IT Ministry are taking emergency measures to resolve the issue.<br \/>\nOnce resolved, Pakistan\u2019s internet services are expected to resolve national security issues and will meet international standards, ultimately contributing to the country\u2019s progress. Minister Malik also expressed his appreciation for the significant increase in IT exports over the past few months. He also expressed optimism that the recent reforms and new tax systems will further boost the growth of IT exports in Pakistan.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD Minister of State for Finance and Revenue Ali Pervaiz Malik Monday stated that Pakistan, under the Prime Minister\u2019s vision, is taking a giant leap in digitalization with the Faceless Customs Assessment System to expand the knowledge-based economy, ensure universal connectivity and promote digital literacy. In an exclusive interview with a private news channel, minister [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-453950","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Faceless Customs Assessment System to expand the knowledge-based economy<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/faceless-customs-assessment-system-to-expand-the-knowledge-based-economy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Faceless Customs Assessment System to expand the knowledge-based economy\" \/>\n<meta property=\"og:description\" content=\"ISLAMABAD Minister of State for Finance and Revenue Ali Pervaiz Malik Monday stated that Pakistan, under the Prime Minister\u2019s vision, is taking a giant leap in digitalization with the Faceless Customs Assessment System to expand the knowledge-based economy, ensure universal connectivity and promote digital literacy. 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