IT Industry Urges PM Shehbaz to Announce Special Package in Upcoming Budget

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Former Chairman of the Pakistan IT Industry Association (P@SHA), Muhammad Zohaib Khan, has urged Prime Minister Shehbaz Sharif to introduce a special package for the IT sector in the upcoming budget.

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Khan emphasized that with the prime minister’s focus on a digital and knowledge-driven economy, reflected in initiatives like Uraaan Pakistan, strong policy reforms and targeted incentives are essential to ensure the sector’s sustainable growth.

Pakistan’s IT industry is expected to achieve approximately $3.6 billion in exports this year, a result of the Special Investment Facilitation Council’s (SIFC) strategic focus and the continued efforts of the Ministry of IT & Telecom, Pakistan Software Export Board (PSEB), and other key stakeholders. However, Khan stressed that extraordinary measures are needed to further accelerate this momentum and position Pakistan as a global technology leader.

“A well-structured IT package is crucial to unlocking the full potential of Pakistan’s tech ecosystem,” Khan stated. He called for policies that promote ease of doing business, tax relaxations, targeted funding for skill development programs, an aggressive Brand Pakistan campaign, and the mobilization of Special Technology Zones Authority (STZA) incentives exclusively for the IT sector.

With the national budget approaching, Khan highlighted this as a pivotal opportunity for the government to reinforce its commitment to the IT industry—an essential driver of economic growth, job creation, and export expansion.

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

TaazaTaren
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