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IT Ministry’s Budget Likely to Go up by 30% for FY25

The Ministry of Information Technology and Telecommunication (MoITT) is likely to get a budget of Rs. 11.82 billion for the next fiscal year 2024-25 (FY25).

According to documents seen by ProPakistani, the MoITT is likely to see a 30 percent increase in its budget for FY25. Out of the total budget, the development budget is likely to be around Rs. 7 billion.

Under the proposed budget, the Special Communication Organization (SCO) will get a budget of Rs. 6.98 billion.

A budget of Rs. 1.5 billion would be allocated to the National Information Technology Board (NITB). The Pakistan Software Export Board (PSEB) will get Rs. 1 billion.

The Electronic Certification Accreditation Council (ECAC) will get Rs. 340 million while the proposed National Digital Council (NDC) and Pakistan Digital Authority (PDA) are likely to get a budget allocation of Rs. 500 million each.

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  • This budget should be stopped at any cost as IT ministry failed to directly facilitate the industry except the cosmetic changes. Where is the PayPal? Where is the TAX free for freelancers? Total lies. WHere is the liar hisham sarwar? Now pseb start charging yearly fee as well from the freelancers. We are totally on our own we don’t need IT ministry.

    • With PSEB registration tax is only 0.25% instead of 1%. PSEB need to facilitate but we need to and have to search work ourselves.
      PSEB and SBP need to work on the payment gateway so that We can sell our services to anyone and where client just go to our website and purchase the service. PayPal may not be coming to Pakistan because for them it is very small market and they have to obey SBP and Govt rules etc.
      Need need Raast like model for international payments.

    • These are the excellent points. I applied for the loan under their freelancer scheme and banks are not willing to facilitate and treated the same way an ordinary people applied for. Every bank manager said only the name was changed rest of the process is same and upto the bank.


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