ISLAMABAD: The government has allocated Rs19.58 billion for the Information Technology and Telecommunication Division under the Public Sector Development Programme (PSDP) for FY2026-27, compared with Rs16.23 billion in the previous fiscal year, registering an increase of about 20.7 percent.
The budget also includes Rs5 billion for IT-related initiatives, Rs3 billion for Universal Service Fund (USF) and R&D Fund programmes, and Rs500 million for the Pakistan Software Export Board (PSEB) to support technology exports and digital infrastructure development.
The enhanced allocation reflects the government’s focus on digital transformation and innovation-led growth. The move comes after Pakistan’s ICT export remittances increased by 19.7 percent to a record USD 3.38 billion during FY2025-26, strengthening the sector’s role as a key source of foreign exchange earnings and employment generation.
Copyright Business Recorder, 2026
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