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    Home»Business»PM urged to announce special package for IT Industry in upcoming budget
    Business

    PM urged to announce special package for IT Industry in upcoming budget

    yasirBy yasirMarch 25, 2025No Comments
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     Muhammad Zohaib Khan, Former Chairman of P@SHA (Pakistan IT Industry
    Association), has called upon Prime Minister Mian Muhammad Shehbaz
    Sharif to announce a special package for the IT industry in the
    upcoming budget. Given the Prime Minister’s clear vision for a digital
    and knowledge economy through initiatives like Uraaan Pakistan, it is
    crucial to introduce strong policy reforms and incentives to ensure
    sustainable growth in the sector.


    This year, Pakistan’s IT industry is projected to achieve
    approximately $3.6 billion in exports, a testament to the focused
    approach of the Special Investment Facilitation Council (SIFC) on the
    IT sector and the tireless efforts of the Ministry of IT & Telecom,
    Pakistan Software Export Board (PSEB), and other key stakeholders.
    However, to maintain and accelerate this momentum, Pakistan must take
    extraordinary measures to position itself as a global tech leader.



    “A well-structured IT package is essential to unlock the full
    potential of Pakistan’s tech ecosystem. The government must introduce
    policies that facilitate ease of business, relaxation in taxation,
    targeted funding for skill development programs, an aggressive Brand
    Pakistan campaign, and most importantly, mobilize Special Technology
    Zones Authority (STZA) incentives exclusively for the IT sector,”
    stated Muhammad Zohaib Khan.

     He further emphasized that with the national budget around the
    corner, this is a critical opportunity for the government to
    demonstrate its commitment to the IT sector—an industry that can drive
    economic growth, create high-value jobs, and significantly boost
    exports.

    “With the right policies and incentives, Pakistan’s IT sector has the
    potential to surpass $5 billion in exports in the near future, but
    this requires bold steps and immediate action,” he added.

    Industry leaders and stakeholders strongly advocate for an enabling
    environment with fiscal and policy incentives, ensuring that
    Pakistan’s IT industry continues to thrive and compete on a global
    scale.

    Share. Facebook Twitter WhatsApp
    yasir

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