12.7 C
Islamabad
Monday, December 23, 2024
HomeBusinessEconomyPM Reviews IT Reforms, Says Exports to Cross $25b

PM Reviews IT Reforms, Says Exports to Cross $25b

Islamabad (TDI): Appreciating the proposed strategy for IT sector reforms, Prime Minister Shehbaz Sharif has said he would personally oversee its implementation.

Chairing a review meeting regarding reforms in IT sector in Islamabad, he directed Higher Education Commission to develop a roadmap for provision of international standard education, training and skills to the youth.

The meeting also discussed in detail the review report submitted to it earlier. Based on the review, the PM directed to set clear targets for increasing IT exports and to establish specific timeframes for each action.

Shehbaz Sharif also ordered the formation of a committee to implement reforms in the IT sector and promote collaboration among various institutions.

He pointed out there is a demand for Pakistani IT experts in Gulf countries and proposals related to this should be implemented soon.

Read More: Govt Committed to Achieve $25bn IT Exports Target in 3 Years: PM

The prime minister said that Pakistan’s IT exports could exceed twenty-five billion dollars through better utilization of resources and provision of training and education to the workforce.

The meeting was informed that the target for the next five years is to achieve fifteen billion dollars in IT sector exports, one billion dollars from telecom exports, and ten billion dollars from digitization.

The meeting was also informed that Pakistan global ranking in e-governance has improved by fourteen spots. 2,500 new IT companies have been registered and Pakistan’s IT ranking has improved from seventy nine to forty.

Also Read: Pakistan’s IT Exports Surge by 39% YoY in October

The meeting was briefed about the proposed plan to facilitate remittances for young people associated with the IT sector, especially freelancers.

The Prime Minister praised this initiative regarding international payment gateways and issued instructions for its swift implementation.

The meeting was also briefed on reforms related to the telecom sector.

Trending Now

Latest News

Follow us

4,846FansLike
2,669FollowersFollow
1,710SubscribersSubscribe

Related News