Wednesday, October 16, 2024

Country Will Miss IT Exports target by $1 Billion, Says P@SHA

The IT sector of Pakistan has made a claim that the exports from the industry in the last government were not on a rise. Instead, they have claimed that the IT exports will be missing their target by 1 billion dollars in the fiscal year.   

The “Why the planned growth was not achieved” title report was gathered by Pakistan Software Houses Association for IT and ITeS (P@SHA). Five indicators were observed for the failure of the industry’s growth, with the inclusion of establishing the Special Technology Zone Authority (STZA).  

As the report is set to be launched by the coming week, it has included the government’s criticism of STZA in a way that doesn’t align with the way IT exports can grow.   

P@SHA has denied any stakeholder representation in STZA. As the authority was established in January, the tech zones have still not been enabled for the IT and IT-enabling service industry (ITeS).

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