Increase IT exports to $15b by 2026: PM

Published in The Express Tribune on January 06, 2023

ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday said that the country’s IT exports are not up to par, and directed the concerned authorities to take practical steps to enhance Pakistan’s IT exports from the current $2.6 billion to $15 billion within the next three years.

“Pakistan has a huge potential in the IT sector, which needs to be exploited. The IT industry stands alongside the government to improve the national economy,” said PM Shehbaz.

Chairing a meeting to discuss the promotion of the IT sector, the PM said the number of IT professionals need to be increased from 0.6 million to 1.5 million. Accordingly, he directed the Higher Education Commission, universities and training institutes to work on the said target on a priority basis, along with improving the educational curriculum in accordance with the market’s needs.

The PM also ordered the formation of a standing committee to deliberate over the linkages between the government and the IT industry, and to resolve issues being faced by the industry. The committee will comprise of representatives from the IT industry, State Bank of Pakistan (SBP), finance ministry, IT ministry and other relevant departments.

Furthermore, PM Shehbaz urged the IT industry to bring its export revenue to Pakistan and instructed the SBP, Federal Board of Revenue and other departments to take effective measures in this connection. He also asked the relevant authorities to take effective measures to resolve the issues pertaining to IT sector.

Your Comment:

Related Posts

08

Oct
Print Media

Floods dampen Pakistan’s growth outlook

By Khaleeq Kiani Published in Dawn on October 08, 2025 World Bank cuts forecast by 0.5pc, predicts inflation may shoot to 7.2pc; exports to decline 1.5pc WB official says removing barriers to women’s participation in job market can boost GDP per capita by 20-30pc ISLAMABAD: The World Bank on Tuesday cut its growth forecast for Pakistan by […]

06

Oct
Print Media

NON-FICTION: A GRAND STRATEGY FOR DEVELOPMENT

By Ilhan Niaz Published in Dawn on October 05, 2025 Future Ready: Innovation, Abundance and the Global South By Uzair Younus Liberty Publishing ISBN 978-627-7626-66-2. 228pp. Future Ready: Innovation, Abundance and the Global South is an exceptional work that explains the non-linearity of development and applies lessons from history to provide a blueprint for how countries in[…]