Thursday, September 19, 2024

PM Kakar Approves IT Policy Targeting Digital Exports of Pakistan up to $10 Billion

The approval of the new IT policy by Caretaker Prime Minister Anwaar-ul-Haq Kakar represents a significant milestone in Pakistan’s quest to boost its digital exports to $10 billion.

This policy, as outlined by Dr. Umar Saif, the Caretaker Minister for IT and Telecom, appears to be a well-rounded approach to addressing the hurdles hindering the IT sector’s growth. The focus on training programs aligned with international standards for young professionals is commendable, with the potential to significantly contribute to the goal of reaching $5 billion in IT exports.

Collaboration between various government agencies, as directed by the prime minister, underscores the importance of a coordinated effort to achieve these ambitious targets.

The intention to bring international online payment platforms like PayPal and Stripe to Pakistan is a game-changer, simplifying international transactions for businesses and freelancers. Furthermore, the creation of co-working spaces for freelancers not only promotes entrepreneurship but also adds substantial potential earnings to the economy.

Overall, this IT policy is a comprehensive strategy that, if effectively implemented, could transform Pakistan into a digital export powerhouse while fostering economic growth and job creation in the IT sector.

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