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Digital Technologies to Boost Pakistan’s Economy by $6.6 Billion Annually

  • November 7, 2024
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A new report, “Economic Impact Report: Agay Barho: Empowering Pakistan’s Digital Economy,” highlights the potential of digital technologies to significantly contribute to Pakistan’s economic growth. The report estimates that digital exports could increase by $6.6 billion annually by 2030, driven by sectors like mobile apps, online video services, cross-border digital ads, and e-commerce.

To realize this potential, Pakistan must focus on bridging the digital skills gap. Currently, over 80% of IT graduates lack the necessary skills to meet industry demands. By investing in digital skills training and education, Pakistan can empower its workforce and unlock new opportunities.

The report also emphasizes the importance of leveraging AI to enhance productivity and innovation. By adopting AI-powered tools and solutions, businesses can streamline operations, improve decision-making, and create new products and services.

Furthermore, the government’s role in creating a conducive environment for digital businesses is crucial. By implementing supportive policies, reducing regulatory hurdles, and investing in digital infrastructure, Pakistan can attract more investment and foster a thriving digital economy.

By harnessing the power of digital technologies and investing in human capital, Pakistan can position itself as a leading digital nation and achieve sustainable economic growth.

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