News

Govt Proposes Rs. 27 Billion Development Budget For IT Ministry in Upcoming Budget

•
5 min read
•
Legal Editorial Desk
Govt Proposes Rs. 27 Billion Development Budget For IT Ministry in Upcoming Budget
The federal government has proposed a Rs. 27.43 billion development budget for the Ministry of Information Technology and Telecommunication (MoITT) in the upcoming federal budget. Key allocations include Rs. 6.28 billion for 15 new IT projects, while Rs. 21.15 billion has been suggested for 15 ongoing projects in the same field. Lawmakers have proposed Rs. 55 million for digitization and infrastructure projects, Rs. 300 million for smart office projects at various ministries/departments, and Rs. 3.5 billion for promoting the digital economy. A budget of Rs. 9.92 billion has been proposed for the development of Technology Park Islamabad, while Rs. 6.78 billion has been earmarked for an IT park in Karachi. The federal government has proposed Rs. 1 billion for the Cyber Security for Digital Pakistan project, and another Rs. 1 billion for innovation in the IT industry.
Share:

Editorial & Legal Practice Group

Authored and reviewed by the corporate law and tax litigation practice group at Javid Law Associates. Our team comprises High Court advocates, corporate legal advisors, and authorized tax practitioners across Pakistan.

Advocates High Court & Tax Counsel Jurisdiction: Pakistan

Need Expert
Legal Counsel?

Free Session
Initial Consultation
100% Secure
Private & Confidential

Request a Callback

Enter your WhatsApp number and our legal team will connect with you shortly.

Typical response: Prompt response during chamber hours