Federal Finance Minister Muhammad Aurangzeb has announced a new digital verification system for pensioners that uses facial recognition technology, allowing them to complete the process from home instead of visiting banks, according to the report.
Speaking during the National Assembly session, the finance minister said the initiative is aimed at making the verification process easier for elderly pensioners. With the new system, they will be able to confirm their identity through facial recognition without leaving their homes.
Muhammad Aurangzeb said this facility will enable pensioners to complete their verification from the comfort of their homes.
While discussing the federal budget, the minister said the government has introduced a range of measures to expand the tax base. He added that increasing the use of digital technology and artificial intelligence to eliminate discretionary powers remains one of the government’s main priorities.
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He also said the government has approved a significant increase in the salaries and pensions of public sector employees.
Talking about the country’s economic performance, Aurangzeb said key economic indicators have shown noticeable improvement over the past year. He noted that the current account has moved into surplus.
The finance minister further informed the National Assembly that overseas Pakistanis sent $4.25 billion in remittances, while freelancers in Pakistan contributed $1.6 billion to the national economy.