Due to cellular service interruptions and internet slowdowns, Pakistan’s IT industry lately gained attention. It’s obvious that the industry has long needed attention, even though the standard rhetoric from government sources has attempted to allay worries. Let’s examine the matter more closely.
In fiscal year 2023–2024, Pakistan’s export remittances for ITeS (information technology and IT-enabled services) reached a record high of $3.223 billion. Given that the nation’s policies have not yet completely embraced the sector’s potential, this is a remarkable 24% year-over-year growth that is particularly noteworthy.
Although the accomplishment is commendable, it also highlights the pressing necessity for the IT industry to have a strategic roadmap in addition to the construction of necessary infrastructure.