With the assistance of the Special Investment Facilitation Council (SIFC), the information technology industry is expanding significantly.
This year, the government has set aside seventy-nine billion rupees for the information technology sector, taking into account its extensive potential.
Amounts of 19 billion and 22 billion rupees, respectively, have been set aside for the Pakistan Software Export Board and the development of IT parks in Islamabad and Karachi.
With SIFC’s assistance, the IT industry is expanding quickly, and a large number of start-ups are making their global debuts.
The nation’s IT exports will increase, as Prime Minister (PM) Shehbaz Sharif had already promised.
A complete package for the IT industry needs to be prepared, the prime minister stressed while chairing a high-level meeting on the industry’s promotion.
Along with forming a committee to study the issue and instructing it to give recommendations as soon as possible, PM Shehbaz opted to include a fixed tax regime for the IT sector in the budget.
The government would invest a significant sum of money in training young people for careers in the IT industry, according to PM Shehbaz. As of right now, he continued, 45,000 youth nationwide are receiving IT-related training.
