Govt committed to boosting IT exports
The reason why Pakistan is still lagging behind is its conservative regulatory landscape, which does not cater the fintechs in the digital payments space. PHOTO: REUTERS
Information technology (IT) related exports of the country rose 44% during the current year and the government is making efforts to enhance them further, said Federal Minister for IT and Telecommunication Syed Aminul Haque.
Addressing the second Pakistan Malaysia Friendship Association (PMFA) Appreciation Awards Ceremony on Friday, he said 5G would be introduced in Pakistan very soon after which the country can be turned into a knowledge-based economy.
Haque added that 5G was partially functioning in many countries and pointed out that 5G broadband could not work on existing telecom towers.
“The IT ministry o took the pandemic as an opportunity rather than a crisis,” he said, adding, “When all the sectors of the country were registering decline in the wake of the pandemic, the IT industry of Pakistan was travelling on a positive trajectory.”
The minister informed the participants that the government is making efforts to generate employment for IT graduates. He pointed out that around 25,000 students graduated in IT related majors from different varsities of Pakistan every year. Talking about Pakistan’s economy, Haque said that key economic indicators turned positive in the last few months.
Published in The Express Tribune, November 22nd, 2020.
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