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Pakistan Telecom Sector Poised for Growth: Budget Projects Revenue Increase in FY 2024-25

  • June 12, 2024
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Pakistan’s budget for the upcoming fiscal year (FY 2024-25) anticipates a substantial rise in revenue from the telecommunications sector. The government has budgeted Rs. 32.612 billion from 4G licenses under non-tax revenue, a significant increase compared to the revised figure of Rs. 30.941 billion for the outgoing fiscal year.

This surge reflects the government’s expectation of continued growth in the 4G market. Additionally, the budget maintains the Rs. 10 billion target for mobile handset levy revenue, which was previously revised down to Rs. 8 billion in FY 2023-24.

However, the budget projects a slight decrease in income from property and enterprise (Pakistan Telecommunication Authority (Surplus)). The government expects to generate Rs. 1.2 billion in FY 2024-25, down from the revised figure of Rs. 2.802 billion in the outgoing year.

The budget also anticipates a rise in revenue from Regulatory Authorities (surplus/penalties) within the telecom sector. The government has budgeted Rs. 10.036 billion for FY 2024-25, compared to the revised figure of Rs. 1.168 million in the current year. This increase suggests an expectation of stricter enforcement of regulations or higher penalty collections.

Overall, these figures indicate the government’s confidence in the continued growth of Pakistan’s telecommunications sector while aiming to optimize revenue generation through various channels.

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