Close Menu
News Update TimesNews Update Times

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    AKU Surgical Expo 2026 Showcases Latest Innovations in Surgical Technology

    April 1, 2026

    Supernet Technologies Completes Post-Merger Share Allotment

    April 1, 2026

    Realme Announces 16 Pro Series 5G Launch on April 6, 2026

    April 1, 2026
    Facebook X (Twitter) Instagram
    News Update TimesNews Update Times
    • Home
    • Pakistan

      CBD PULSE PUNJAB’S STRONGEST SIGNAL TO GLOBAL INVESTORS

      March 30, 2026

      TRANSFORMING PUNJAB: HOW CBD PUNJAB IS SHAPING THE PROVINCE’S FUTURE

      March 26, 2026

      Ministry of Commerce Seeks Action Over Additional Cargo Charges on Meat Exports

      March 18, 2026

      CBD PUNJAB FAST-TRACKS MAJOR PROJECTS, CEO CBD PUNJAB ORDERS SWIFT COMPLETION

      March 9, 2026

      PHASED PARK DEVELOPMENT TO ENHANCE URBAN SUSTAINABILITY AND ENVIRONMENTAL EXCELLENCE

      March 3, 2026
    • Business

      AKU Surgical Expo 2026 Showcases Latest Innovations in Surgical Technology

      April 1, 2026

      Supernet Technologies Completes Post-Merger Share Allotment

      April 1, 2026

      Realme Announces 16 Pro Series 5G Launch on April 6, 2026

      April 1, 2026

      Digital economy could contribute up to 7pc to GDP by 2030, highlights OICCI’s latest Digital Report

      April 1, 2026

      BingX VIP Redefines Premium Access Through “Access More. Go Further.” Program

      April 1, 2026
    • Technology

      JUJUTSU KAISEN and new evolving universe mode hit PUBG MOBILE’S 8th anniversary version 4.3 update

      March 16, 2026

      WhatsApp’s Latest Privacy Protection: Strict Account Settings

      January 28, 2026

      Syed Muhammad Talha Embarks on a Full-Time Filmmaking Journey

      January 28, 2026

      YouTube launches new updates to support teens and families online

      January 15, 2026

      Data Vault partners with US-based Rafay Systems to launch sovereign AI cloud features in Pakistan

      January 15, 2026
    • Sports

      Top Gamers Clash in TCL Champions Arena for PKR 2 million Across Karachi and Lahore

      March 31, 2026

      OPPO Partners with Peshawar Zalmi as Official Partner for HBL PSL 11

      March 2, 2026

      How Temu Helps This 16-Year-Old Futsal Player Step Up Her Game

      December 9, 2025

      Malik Tayyab A Young Game Changer

      November 26, 2025

      tapmad Strengthens Regional Presence Through Partnership with Robi Axiata in Bangladesh

      October 30, 2025
    • Entertainment

      Ajoka Institute’s Art of Acting Students Stage “Jhalli Kithay Jaway” at PILAC Auditorium

      February 28, 2026

      LFW Presents Launches with Hussain Rehar

      February 16, 2026

      18th ArtBeat – National Child Art Exhibition Concludes in NCA

      February 14, 2026

      Ajoka Theatre’s Dara Draws Packed Hall, Prolonged Applause at Faiz International Festival

      February 14, 2026

      Pakistan Said: It’s a Heartbreak Valentine’s — And Men Are Leading the Streams

      February 13, 2026
    • Education

      Small Rides, Big Impact: inDrive Expands Support for Children Across Pakistan

      March 9, 2026

      Don’t be deterred by a lack of hard data, says ACCA guidance on sustainability reporting

      March 3, 2026

      AKU-IED and NED University Conclude WASH and Rainwater Harvesting Education Project Phase I in Murree and Kotli Sattiyan

      February 25, 2026

      LUMS Policy Dialogue Calls for Evidence-Based Reforms in Girls’ Education and Minority Inclusion

      February 19, 2026

      ‘From Waste to Wonder’ — Beaconhouse Jubilee Campus Hosts Grand Exhibition Promoting Sustainable Resources

      February 18, 2026
    • Health

      AKUH Calls for Comprehensive, Community-Wide Approach to Autism Spectrum Disorder Support

      March 31, 2026

      Simple antiseptic can reduce newborn infections

      March 27, 2026

      Punjab Family Planning Program’s “Behtar Qadam” Initiative Underway to Promote a ‘Nayi Soch’ for Family Wellbeing

      March 13, 2026

      AKUH Brings Education Together with Emotional Support into Holistic Care for Cancer

      February 10, 2026

      Greenstar, Govt of Punjab Disseminate Women’s Health Empowerment Programme

      January 14, 2026
    • Other
      • World
      • Blog
      • Opinion
      • About
      • Contact us
    News Update TimesNews Update Times
    Home»Business»Digital economy could contribute up to 7pc to GDP by 2030, highlights OICCI’s latest Digital Report
    Business

    Digital economy could contribute up to 7pc to GDP by 2030, highlights OICCI’s latest Digital Report

    yasirBy yasirApril 1, 2026No Comments
    Facebook Twitter WhatsApp
    Share
    Facebook Twitter WhatsApp

    Pakistan’s digital economy has the potential to contribute 5–7 per cent to GDP by 2030 if key structural bottlenecks are addressed and reforms accelerated, according to the OICCI Digital Report 2025, which underscores the sector’s growing role as a driver of productivity, exports and financial inclusion.

    The Overseas Investors Chamber of Commerce and Industry (OICCI) on Wednesday launched its flagship report, ‘Recommendations for Pakistan’s Digital Future’, presenting a comprehensive assessment of the country’s digital ecosystem, policy gaps and growth opportunities.

    The OICCI Digital Report highlights strong momentum in Pakistan’s digital adoption. IT and IT-enabled services (IteS) exports reached $3.8 billion, while the country’s thriving freelance economy generated $779 million in earnings. Pakistan now has more than 150 million broadband subscriptions and over 200 million telecom connections, with the mobile ecosystem contributing an estimated $17 billion to the national economy.

    Despite this progress, the report points to significant infrastructure gaps that could slow growth. Only about 18pc of cellular towers are connected through fibre, far below the global benchmark of around 40pc, limiting network capacity and readiness for next-generation technologies.

    OICCI President Yousaf Hussain said the OICCI Digital Report reflects encouraging gains in digital finance and inclusion. “Pakistan has made notable strides in digital payments and financial inclusion. The Raast instant payment system processed PKR 18 trillion in peer-to-peer transactions in FY26, demonstrating the rapid adoption of digital financial services,” he said, adding that infrastructure bottlenecks and regulatory delays continue to constrain the sector’s full potential.

    OICCI Secretary General M. Abdul Aleem noted that while policy dialogue has progressed, implementation remains slow. “Only about one-quarter of OICCI’s digital policy recommendations issued in OICCI’s Digital Report 2022 have been implemented so far. Faster execution, improved fibre penetration and a more investment-friendly regulatory environment will be essential to unlock Pakistan’s digital potential,” he said.

    The OICCI report recommends lower taxes on broadband services and digital devices, accelerated fibre deployment, regulatory clarity in data protection and cybersecurity, and stronger public-private collaboration to position Pakistan as a competitive regional digital economy.

    Share. Facebook Twitter WhatsApp
    yasir

    Related Posts

    AKU Surgical Expo 2026 Showcases Latest Innovations in Surgical Technology

    April 1, 2026

    Supernet Technologies Completes Post-Merger Share Allotment

    April 1, 2026

    Realme Announces 16 Pro Series 5G Launch on April 6, 2026

    April 1, 2026
    Leave A Reply Cancel Reply

    Top Posts

    MONEYTAP PIONEERS FINANCIAL INCLUSION WITH AI-DRIVEN SOLUTIONS FOR HIGH-QUALITY USERS

    May 14, 2025177 Views

    SHINE Humanity Expands Family Planning Services Through Strategic Partnerships

    January 6, 2026137 Views

    Empowering Educators for Climate Action: From Grassroots to Governance

    January 20, 2025102 Views

    The Youth 4GCED Regional Workshop launch Regional Workshop Begins in Lahore

    November 1, 202483 Views
    Don't Miss
    Business

    AKU Surgical Expo 2026 Showcases Latest Innovations in Surgical Technology

    Supernet Technologies Completes Post-Merger Share Allotment

    April 1, 2026

    Realme Announces 16 Pro Series 5G Launch on April 6, 2026

    April 1, 2026

    Digital economy could contribute up to 7pc to GDP by 2030, highlights OICCI’s latest Digital Report

    April 1, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Instagram
    • WhatsApp

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    About Us
    About Us

    NUT is an innovative digital platform, delivering real-time, quality news and analysis on global & Local events. We aspire to empower our readers with accurate, insightful, and diverse perspectives,

    Email: info@newsupdatetimes.com
    Contact: +92 301 4776567

    Facebook X (Twitter) Instagram WhatsApp
    Our Picks

    AKU Surgical Expo 2026 Showcases Latest Innovations in Surgical Technology

    April 1, 2026

    Supernet Technologies Completes Post-Merger Share Allotment

    April 1, 2026

    Realme Announces 16 Pro Series 5G Launch on April 6, 2026

    April 1, 2026
    Most Popular

    MONEYTAP PIONEERS FINANCIAL INCLUSION WITH AI-DRIVEN SOLUTIONS FOR HIGH-QUALITY USERS

    May 14, 2025177 Views

    SHINE Humanity Expands Family Planning Services Through Strategic Partnerships

    January 6, 2026137 Views

    Empowering Educators for Climate Action: From Grassroots to Governance

    January 20, 2025102 Views
    © 2026 News Update Times.
    • Home
    • Pakistan
    • Business
    • Technology

    Type above and press Enter to search. Press Esc to cancel.