IT exports soar as digital transformation accelerates

ISLAMABAD’: Pakistan is rapidly transforming into a global tech hub, driven by record-breaking IT exports, policy-driven innovation, and a thriving digital workforce. The government’s commitment to digital advancement aims to create a more connected, secure, and innovative future. The Ministry of IT and Telecom remains dedicated to positioning Pakistan as a leading digital economy by fostering innovation, expanding connectivity, and ensuring universal access to telecom services. According to official documents, "These efforts are creating a sustainable digital ecosystem, making Pakistan a rising tech hub." Over the past year, Pakistan’s IT and telecom sector has seen remarkable progress, fuelled by government initiatives promoting digitalisation. Key achievements include record IT exports of $3.223 billion in FY 2023-24, reflecting a 24% increase. Broadband penetration surged by 5%, benefiting over 139 million subscribers. Policies supporting AI, cloud computing, and digital entrepreneurship are empowering startups and freelancers. The Digital Economy Enhancement Project (DEEP) is expanding digital infrastructure, boosting IT exports, and enhancing digital skills. Pakistan now ranks in Tier 1 of the Global Cybersecurity Index and has improved its standing in the UN E-Government Development Index. The adoption of e-office solutions has cut decision-making time by 70%, streamlining governance. The launch of the Hajj […]

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