AIRLINK 79.98 Increased By ▲ 0.57 (0.72%)
BOP 5.29 Decreased By ▼ -0.04 (-0.75%)
CNERGY 4.38 No Change ▼ 0.00 (0%)
DFML 35.30 Increased By ▲ 2.11 (6.36%)
DGKC 77.09 Increased By ▲ 0.22 (0.29%)
FCCL 20.50 Decreased By ▼ -0.03 (-0.15%)
FFBL 31.50 Increased By ▲ 0.10 (0.32%)
FFL 9.79 Decreased By ▼ -0.06 (-0.61%)
GGL 10.20 Decreased By ▼ -0.05 (-0.49%)
HBL 117.11 Decreased By ▼ -0.82 (-0.7%)
HUBC 133.89 Decreased By ▼ -0.21 (-0.16%)
HUMNL 6.98 Decreased By ▼ -0.02 (-0.29%)
KEL 4.55 Decreased By ▼ -0.12 (-2.57%)
KOSM 4.65 Decreased By ▼ -0.09 (-1.9%)
MLCF 37.35 Decreased By ▼ -0.09 (-0.24%)
OGDC 136.68 Decreased By ▼ -0.02 (-0.01%)
PAEL 23.14 Decreased By ▼ -0.01 (-0.04%)
PIAA 27.14 Increased By ▲ 0.59 (2.22%)
PIBTL 6.93 Decreased By ▼ -0.07 (-1%)
PPL 113.64 Decreased By ▼ -0.11 (-0.1%)
PRL 27.38 Decreased By ▼ -0.14 (-0.51%)
PTC 14.84 Increased By ▲ 0.09 (0.61%)
SEARL 57.20 No Change ▼ 0.00 (0%)
SNGP 66.70 Decreased By ▼ -0.80 (-1.19%)
SSGC 11.02 Decreased By ▼ -0.07 (-0.63%)
TELE 9.27 Increased By ▲ 0.04 (0.43%)
TPLP 11.65 Increased By ▲ 0.09 (0.78%)
TRG 72.01 Decreased By ▼ -0.09 (-0.12%)
UNITY 25.70 Increased By ▲ 0.88 (3.55%)
WTL 1.40 No Change ▼ 0.00 (0%)
BR100 7,526 Increased By 0.3 (0%)
BR30 24,595 Decreased By -54.8 (-0.22%)
KSE100 71,926 Decreased By -45.1 (-0.06%)
KSE30 23,734 Decreased By -14.9 (-0.06%)

TEXT: Lahore Chamber believes that both Government and Private Sector need to join hands to stimulate the growth in the national economy through the Information Technology Sector. It is highly encouraging that Government has patronized the efforts of LCCI in organizing the 2nd LCCI IT Awards.

IT sector has a great potential of enhancing national exports. In these challenging times, exports hold great importance for Pakistan’s economy as they are the main source of revenue generation and maintaining balance of payments stability. Hopefully, things will further improve after the announcement of incentives for IT sector in the form of tax exemptions.

All the emerging economies are especially utilizing information technology services to enhance their exports. We have no choice but to follow the similar path to exploit the enormous potential of IT exports. The present trend of IT exports is encouraging and we need to maintain it.

Copyright Business Recorder, 2022

Comments

Comments are closed.