Govt. seeking WB support for technical needs of Discos

Pakistan needs IT policy for future trade: WB

“Digital Pakistan: A Business and Trade Assessment” a report published by the world bank says that it is still unclear what the post-Covid-19 business landscape will look like, but IT and IT-enabled services will play a more prominent role than they do today. In addition, automation and artificial intelligence will play a more significant role in this industry.

Keeping this in mind Pakistan needs to develop its IT policy to cope with the evolving market.

Pakistan is the second highest exporter of information, communication and technology (ICT) services from South Asia, after India, with more than $1 billion in exports. Although export growth has been robust in the past few years, Pakistan’s market share of computer services exports has remained low, at around 0.2 per cent.

“Under the right policy direction, Pakistan is likely to experience fundamental changes in its economy, steering to a more innovation-based, knowledge-intensive way of producing and trading”.