Important Role of IT Sector in Pakistan's economy | Aniqa Nisar's Report

  • last month
#informationtechnology #itsector #pakistan #pakistaneconomy

Important Role of IT Sector in Pakistan's economy | Aniqa Nisar's Report
Transcript
00:00The IT sector is a sector that can easily remove Pakistan from the economic difficulties of Pakistan.
00:07In the 1950s, India started investing in IITs.
00:13And the result of that investment is that India is playing an important role in the IT sector and in the export sector.
00:19And a big economy is also being created due to IT.
00:22There is a lot of potential in Pakistan.
00:24A lot of people make their own companies and sell their work on the websites of companies like Fiverr and Upwork.
00:33And they bring a valuable part of their work to Pakistan.
00:37A country that does a lot of meetings with IMF on loan to take a few billion dollars,
00:44is not able to explore this potential.
00:48Why is the internet so scarce?
00:50Let me tell you what happened in the meeting of the National Assembly's Committee on Information Technology.
00:57Shaza Fatima, the Minister of State, mentioned a reason regarding VPN.
01:04You might remember.
01:05There was a press conference.
01:06That reason was brought forward.
01:08The chairman of PTA said that the internet is affected due to a fault in the submarine cable.
01:16Chairman of the Committee on Information Technology, Syed Ameen-ul-Haq, said that the public should be told why the internet service is affected.
01:24The chairman of PTA replied that 7.5 terabytes of data comes from a cable to Pakistan.
01:32The internet is affected due to a fault in the submarine cable.
01:357 fibre optics cables come to Pakistan.
01:38One of them is damaged.
01:40The cable will be repaired by August 27.
01:44In this situation, the local internet is down due to the use of VPN.
01:49The chairman of PTA also revealed that due to internet problems, the telecom sector has lost 300 million rupees in just 6 days.
02:00It is also important to look at how important the IT sector plays a role in the Pakistani economy.
02:08Senator Afnanullah has said that billions of dollars are being lost.
02:15We will reach from millions of dollars to billions of dollars if this happens.
02:19In the first month of Ramamali, the IT revenue was $286 million.
02:27In the first month of Ramamali, the IT revenue was 46%.
02:36In Pakistan, the IT revenue is $2.6 billion annually.
02:45In the next 5 years, Pakistan has set the goal of IT revenue of $15 billion annually.
02:53The Internet Service Providers Association has said that due to the decline of the internet,
02:59businessmen who rely on the internet are facing a difficult situation.
03:06The people who are earning from the internet, who have explored this sector, are bearing witness to this.
03:16At this time, it is important for the government to adopt a different stance,
03:21make different statements, clarify them and try to solve this issue immediately.
03:28Because we have to move Pakistan forward in terms of the IT sector.
03:33This is a must. We have no other option.
03:37This is a sector that can get Pakistan out of economic problems.

Recommended