2024-25 Pakistan federal budget's Rs79bn IT allocation faces criticism for neglecting industry concerns and potential talent drain.

Pakistan's 2024-25 federal budget risks hindering digital prosperity, with IT professionals criticising the government's Rs79bn allocation for the sector and arguing that it neglects industry concerns. While the Ministry of Information Technology & Telecommunications receives a significant budget increase, tax hikes on hardware and lack of attention to exporters' dollar retention may lead to a talent drain in the IT industry.

June 24, 2024
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