Pakistan's digital trade sector is experiencing significant growth thanks to the initiatives taken by the government aimed at enhancing the country's information technology infrastructure and exports.
In an interview with WealthPK, Asfandyar Khan, Director General of IT Ministry of Information Technology and Telecommunication, noted a significant uptick in digital trade activities across various sectors. “Through strategic initiatives and policy reforms, Pakistan has bolstered its position as a favourable destination for digital investment and trade partnerships,” he said.
He stressed that one of the key initiatives was the government's focus on developing digital infrastructure. “Investments in high-speed internet connectivity and digital payment systems have laid the foundation for a thriving digital ecosystem,” he said.
He highlighted that Pakistan has recently launched the Pakistan Startup Fund (PSF) to stimulate venture investments and elevate Pakistani startups to prominent positions on the global stage. “The government has allocated Rs2 billion for PSF,” he added.