AIRLINK 195.80 Decreased By ▼ -2.17 (-1.1%)
BOP 9.83 Decreased By ▼ -0.21 (-2.09%)
CNERGY 7.41 Increased By ▲ 0.12 (1.65%)
FCCL 38.35 Increased By ▲ 2.35 (6.53%)
FFL 16.50 Decreased By ▼ -0.41 (-2.42%)
FLYNG 27.54 Increased By ▲ 2.50 (9.98%)
HUBC 132.15 Decreased By ▼ -1.88 (-1.4%)
HUMNL 13.85 Decreased By ▼ -0.29 (-2.05%)
KEL 4.71 Decreased By ▼ -0.07 (-1.46%)
KOSM 6.68 Decreased By ▼ -0.26 (-3.75%)
MLCF 45.64 Increased By ▲ 0.66 (1.47%)
OGDC 215.00 Decreased By ▼ -3.23 (-1.48%)
PACE 6.89 Decreased By ▼ -0.05 (-0.72%)
PAEL 39.99 Decreased By ▼ -1.43 (-3.45%)
PIAHCLA 16.80 Decreased By ▼ -0.06 (-0.36%)
PIBTL 8.38 Decreased By ▼ -0.08 (-0.95%)
POWER 9.52 Increased By ▲ 0.13 (1.38%)
PPL 182.87 Decreased By ▼ -3.06 (-1.65%)
PRL 41.80 Increased By ▲ 0.53 (1.28%)
PTC 24.77 No Change ▼ 0.00 (0%)
SEARL 103.20 Decreased By ▼ -1.45 (-1.39%)
SILK 1.00 Decreased By ▼ -0.01 (-0.99%)
SSGC 39.51 Decreased By ▼ -1.40 (-3.42%)
SYM 17.35 Decreased By ▼ -0.70 (-3.88%)
TELE 8.80 Decreased By ▼ -0.11 (-1.23%)
TPLP 12.87 Increased By ▲ 0.03 (0.23%)
TRG 65.78 Decreased By ▼ -0.82 (-1.23%)
WAVESAPP 11.18 Decreased By ▼ -0.12 (-1.06%)
WTL 1.73 Decreased By ▼ -0.05 (-2.81%)
YOUW 3.93 Decreased By ▼ -0.07 (-1.75%)
BR100 11,980 Decreased By -129.3 (-1.07%)
BR30 36,224 Decreased By -374.1 (-1.02%)
KSE100 113,762 Decreased By -1280.2 (-1.11%)
KSE30 35,730 Decreased By -469.2 (-1.3%)

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.