The Government of Pakistan is concentrating on enhancing the IT and Telecom sector of the country. Pakistan’s Government Allocated Rs 7.341 billion for IT and Telecom projects in Budget 2019-20
The government of Pakistan decided to improve IT and telecom sector because it is one of the prime drivers of a growing economy. The 2019-20 budget focuses on 29 different ongoing and new development projects occurring under the Public Sector Development Programme (PSDP).
Pakistan’s Government Allocated Rs 7.341 billion for IT and Telecom projects in Budget 2019-20
Furthermore, the total Rs. 951 billion apportioned for the growth of the country. In the allocated budget, around Rs. 43 billion has been dedicatedd to the growth of science and technology. In this Rs. 7.341 billion budget allocation, the government is focusing on the completion of 10 ongoing projects by spending Rs. 1.466 billion from this budget and 19 new schemes will be introduced from the remaining Rs 5.864 billion.
While Rs. 600 million for the refurbishment of 3G/4G services as well as Rs 474 million for sole replacement of GSM networks in Azad and Jammu Kashmir for the uplifting of the infrastructure there. The government also allocated Rs. 100 million to build new technology parks in the capital city under the technology parks development project (TDP).