By 2030, Pakistan’s economic growth could increase by Rs 9.7 trillion annually. Report

ISLAMABAD ( Web News )

Google and Pakistan Software House Association (Pasha) released a report titled Unlocking Pakistan Digital Potential.

The report on Digital Transformation provides information on Pakistan’s progress in the field of technology.

The report states that by 2030, Pakistan’s economic growth could increase by Rs 9.7 trillion annually, which is equivalent to 19% of the country’s gross domestic product in 2020.

During the online event hosted by Google and Pasha, the report said that Pakistan is a hub for more than 300,000 IT professionals, while more than 25,000 IT graduates are produced annually at the national level. Pakistan has so far developed more than 700 tech companies.

The report was co-authored by Alpha Beta economists who said that Pakistan could strengthen the country’s tech ecosystem by developing the infrastructure, creating a conducive environment for IT sector exports and promoting modern digital capabilities. Speaking on the occasion, President Arif Alvi said that the use of Google products in the Pakistani economy provides more than 410,000 jobs.

“We have recently partnered with the National Rural Support Program (NRSP) to provide online safety skills and digital literacy to as many Pakistanis as possible,” said Farhan Qureshi, Google’s Regional Director.