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◕ SundialUpdated 16 hours ago
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PM Shehbaz commits to boosting digital economy and IT exports

PM Shehbaz commits to boosting digital economy and IT exports

Key Takeaways

  • Prime Minister Shehbaz Sharif reviewed progress on Pakistan’s IT roadmap.
  • Annual IT exports reached $4.6 billion this year.
  • Government vows to prioritize the expansion of the digital economy.

Prime Minister Shehbaz Sharif has reaffirmed the government's commitment to expanding the digital economy and increasing IT exports, during a high-level meeting held on July 23 in Islamabad. The prime minister reviewed Pakistan’s strategic roadmap for the information technology sector, emphasizing that these goals remain among the top priorities of his administration.

During the meeting, PM Shehbaz highlighted the significant progress made in the IT sector, noting that annual exports have reached $4.6 billion this year. This milestone underscores the growing importance of the digital economy to Pakistan’s overall economic growth and international trade.

The prime minister expressed confidence in the potential for further growth within the IT industry, stating, 'We are committed to creating a conducive environment for businesses to thrive and expand their reach globally.' He also emphasized the need for continued investment in infrastructure and talent development to support this expansion.

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In his address, PM Shehbaz outlined several key areas of focus, including enhancing cybersecurity measures, promoting digital literacy among the population, and fostering partnerships with international tech companies. These initiatives are aimed at strengthening Pakistan’s position as a hub for IT services and innovation.

The prime minister also acknowledged the challenges faced by the sector, particularly in terms of regulatory frameworks and access to funding. He assured stakeholders that his government would work diligently to address these issues through policy reforms and supportive measures.

Government officials present at the meeting included senior ministers from various departments involved in IT development. They pledged their support for the prime minister’s vision and committed to working closely with industry leaders to implement the roadmap effectively.

The review of the IT roadmap is part of a broader strategy to diversify Pakistan's economy and reduce its reliance on traditional industries. By focusing on digital transformation, the government hopes to create new job opportunities and stimulate economic growth in the long term.