Pakistan’s foreign exchange could increase by up to $2 billion if banking regulations were changed to allow for faster payment options for IT companies that keep their earnings abroad in order to pay clients more easily.
The current government IT strategy is apparently weak, which meant that the industry was performing much below its potential.
Uzair Arshad expressed his thoughts in an exclusive interview. Uzair is a fourth-generation entrepreneur, a computer science graduate, and the founder of Emblem Technologies, one of Pakistan’s leading software game production firms.
He said that present IT policies were not actionable since they did not define the government’s digital agenda and commitment.
“To impose authority, the IT policy should also lay the groundwork for a governance structure and plan to accomplish clearly defined and quantifiable outcomes. The successful implementation of a digital strategy cannot be entrusted to a single ministry. Its ownership must stretch beyond departments, ministries, and government agendas,” he stated.
With long-term investments and government commitment, India has achieved the status of an international IT industry hub. Because achieving IT-led growth necessitates a long-term commitment, such a strategy necessitates public-private collaboration.
Pakistan’s IT policy makes no mention of human resource development. As a result, Pakistan must implement a brain gain policy.
“Brain gain means attracting not only ‘Wapistanis’ (returning...
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