PM Shehbaz eyes $25bn IT exports in five years

Prime Minister Shehbaz Sharif has set an ambitious $25 billion IT export target in five years amid better utilisation of resources and provision of training and education to the workforce. The premier, who chaired a review meeting on IT sector reforms, expressed hope that the estimated target will be met. An official announcement of the PMO said that the Ministry of Information Technology (IT) presented the prime minister with an action plan to reform and address issues in the IT sector. The IT ministry informed that the five-year action plan envisages $15bn in IT exports, $1bn for telecom, and $10bn in digitisation. PM Shehbaz said Pakistan has no shortage of talented manpower and resources. He directed to ensure the implementation of the action plan and asked all institutions to cooperate to address the challenges hindering the IT sector reforms.