Cost of internet outages

In today's interconnected world, a stable and fast Internet is no longer a luxury but the backbone of economic progress. Yet, Pakistan finds itself grappling with a costly digital dilemma, suffering the highest economic losses from internet outages in 2024 amounting to a staggering $1.62 billion.

The economic fallout from these outages is profound. Businesses, both large and small, suffer significant setbacks as productivity halts and opportunities slip away. The thriving freelance sector, which has positioned Pakistan as a formidable player in the global gig economy, is particularly hard-hit. For freelancers, unreliable internet means lost clients and diminished income, directly impacting the nation's foreign exchange earnings. In response to this digital crisis, IT associations and industry experts are calling on the government to expedite the rollout of 5G services and address the persistent issues of slow Internet speeds. However, the path to 5G has been marred by delays and regulatory obstacles. Bureaucratic inefficiencies and a lack of a clear policy framework have hindered progress, leaving the country trailing behind its regional counterparts who have already embraced this transformative technology. To prevent further economic setbacks, a robust and reliable digital infrastructure must become a national priority. This involves fast-tracking the 5G rollout and strengthening existing networks, thereby ensuring that the digital backbone of the country can support the demands of a modern economy. Addressing modern cyber-security concerns is equally pertinent to ensure that systems are not just reliable but safe too.

To remain competitive in an increasingly digital world, the country must address its connectivity issues with urgency and commitment. The cost of inaction is too great and it is time for Pakistan to seize the opportunity to build a digital economy that can support its ambitions and secure its place on the global stage.