Digital Pakistan triggering Economic Boom - wknd.

Pakistan’s economy has been struggling to enter into a high growth era in the past decade but now it has emerged from the pandemic crisis and is set to take off in coming years due to the revival of traditional sectors as well as the emergence of startups and information technology. The government’s effective policies have not only managed to control damage from rising inflation, supply chain shocks and high energy prices, but also put the economy on right track to achieve up to six per cent sustainable economic growth in the years to come.
The PTI government, led by Prime Minister Imran Khan, and the State Bank of Pakistan have introduced various policy measures to revive traditional economic sectors such as agriculture, textiles and other industries in the past three years. At the same time, the cricketer-turned-politician laid a solid foundation for ‘Digital Pakistan’ that will trigger an economic boom in the country by revolutionising the information technology (IT) sector through startups, which are turning out to be a silver lining for the country.
Govt officials upbeat
Finance Minister Shaukat Tarin said Pakistan’s IT sector has an immense potential to grow, and the government is keen to revolutionise this sector to boost exports in the coming years.
“We can double our traditional exports in the next four to five years and lift IT exports by providing incentives to the sector and building a strong ecosystem for startups in the country,” the Finance Minister told...

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