Islamabad: The Information Technology (IT) & Telecommunications Ministry of Pakistan recently shared it two-year performance report, a news source reported on August 22. The report indicated that the number of IT companies in the country increased by 592 – taking the total number to 2,354 – in the last two years.
In its two-year performance report, the Pakistan IT Ministry revealed that the IT export remittances were expected to reach over USD 1 billion by the end of the current fiscal year. These remittances stood at USD 831.35 million at the end of the previous financial year. Additionally, the report highlighted the performance of many initiatives taken by the ministry for reaching its telecommunication goals.
As per the report shared, these initiatives included:
- National Incubation Centres (NIC) Programmes
- National ICT Grassroots Initiative
- Technology Park Islamabad
- SEED Funded Projects
- Universal Service Fund (USF) Projects
- Telecom Foundation
- Special Communication Organisation (SCO) Contributions
The IT Ministry also proposed future projects including Right of Way (ROW) Policy Directive, Policy Directive for Satellite Services in Pakistan, and Personal Data Protection Bill. The ministry’s other planned projects comprise Spectrum Auction and an incentive package featuring policy for smartphone manufacturing. Officials stated that work was already underway on the Spectrum Auction.