{"id":70921,"date":"2024-03-13T22:03:51","date_gmt":"2024-03-13T22:03:51","guid":{"rendered":"https:\/\/pakistaninewspaperlist.com\/news\/pm-shehbaz-seeks-detailed-roadmap-to-boost-it-exports\/"},"modified":"2024-03-13T22:03:51","modified_gmt":"2024-03-13T22:03:51","slug":"pm-shehbaz-seeks-detailed-roadmap-to-boost-it-exports","status":"publish","type":"post","link":"https:\/\/pakistaninewspaperlist.com\/news\/pm-shehbaz-seeks-detailed-roadmap-to-boost-it-exports\/","title":{"rendered":"PM Shehbaz seeks detailed roadmap to boost IT exports"},"content":{"rendered":"<p><\/p>\n<div dir=\"auto\">\n<p>ISLAMABAD: Appreciating the increase in the export volume of Information Technology (IT) services to more than $3 billion, Prime Minister Shehbaz Sharif on Tuesday sought a comprehensive roadmap to further boost IT exports.<\/p>\n<p>He issued these instructions while chairing a meeting to review the performance of the IT and telecom sectors.<\/p>\n<p>Meanwhile, newly appointed <a href=\"https:\/\/www.dawn.com\/news\/1820930\/new-blood-joins-old-guard-in-federal-cabinet\">federal cabinet<\/a> member, Shaza Fatima Khawaja, was given the portfolio of minister of state for IT.<\/p>\n<p>The PM laid emphasis on the swift resolution of all issues being faced by start-ups, freelancers and IT companies relating to banking.<\/p>\n<p>\u201cFor bringing Pakistan\u2019s IT sector on a par with the international standards, they would have to work hard,\u201d he said.<\/p>\n<blockquote class=\"blockquote-level-1\">\n<p>Shaza Fatima Khawaja made state minister for information technology<\/p>\n<\/blockquote>\n<p>He said the government would take steps to fully avail potential for IT exports, besides, the young people would be provided with required facilities of education, skills development and start-ups, according to a statement issued by the Prime Minister\u2019s Office (PMO).<\/p>\n<p>The meeting was apprised of progress on an IT package announced by the prime minister in June 2023.<\/p>\n<p>It was informed that during the previous government\u2019s term, IT exports witnessed a 13 per cent increase during the first seven months of the current fiscal year compared to the corresponding a year ago.<\/p>\n<p>Under the Digiskills programme, training had been given to 17 batches comprising a total of four million students, including 28 per cent female students.<\/p>\n<p>Pakistan emerged as the second top country in the world on the basis of number of freelancers last year when IT products were exported to 170 countries.<\/p>\n<p>The meeting was informed that during the previous year, an investment of $400 million was made in Pakistani start-ups.<\/p>\n<p>The prime minister directed relevant officials to take all necessary, legal and policy-related steps to attract investment and boost IT exports.<\/p>\n<p>He also called for expediting work on projects meant to enhance professional and tech-nical training of youth for<br \/>\ncomplete utilisation of potential in the IT sector.<\/p>\n<p>The meeting was also briefed about progress on IT, E-Rozgar, startups, cybersecurity, telecom sector and the launch of 5-G.<\/p>\n<p>The PM also asked for submission of a comprehensive report regarding special technology zones.<\/p>\n<p><strong>Bloomberg<\/strong><\/p>\n<p>Separately, a <em>Bloomberg<\/em> <a rel=\"noopener noreferrer\" target=\"_blank\" class=\"link--external\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-03-11\/habib-bank-says-ceo-appointed-pakistan-s-new-finance-minister\">analysis<\/a> noted that PM Shehbaz \u201chas the track record of carrying out reforms\u201d and that his return as prime minister for a second term \u201cincreases the chances of securing a new IMF  package\u201d.<\/p>\n<p>The international newswire said Prime Minister Shehbaz Sharif has the  experience of closing a deal with the multilateral lender as prime minister.<\/p>\n<p>He personally negotiated with IMF Managing Director Kristalina Georgieva.<\/p>\n<p>It also noted that new finance minister Muhammad Aurang\u00adzeb\u2019s most pressing challenge would be to <a href=\"https:\/\/www.dawn.com\/news\/1816442\">secure<\/a>  at least $6 billion in loans from the IMF to tide over the economy, which has been battered by surging inflation and slowing growth.<\/p>\n<p>The  nation also needs to unlock the final $1.1 billion tranche from an IMF  program that ends next month.<\/p>\n<p>Some $1 billion of Pakistan\u2019s dollar denominated bonds mature in April as well.<\/p>\n<p><em>Published in Dawn, March 13th, 2024<\/em><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: Appreciating the increase in the export volume of Information Technology (IT) services to more than $3 billion, Prime Minister Shehbaz Sharif on Tuesday sought a comprehensive roadmap to further boost IT exports. He issued these instructions while chairing a meeting to review the performance of the IT and telecom sectors. Meanwhile, newly appointed federal [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":70922,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/i.dawn.com\/large\/2024\/03\/13095054d810eb0.png?r=095120","fifu_image_alt":"","footnotes":""},"categories":[13],"tags":[],"class_list":["post-70921","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts\/70921","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/comments?post=70921"}],"version-history":[{"count":0,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts\/70921\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/media\/70922"}],"wp:attachment":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/media?parent=70921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/categories?post=70921"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/tags?post=70921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}