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Digitalization can add $60 billion to Pakistan’s economy in the next eight years: OICCI

Digitalization can add $60 billion to Pakistan’s economy in the next eight years: OICCI


KARACHI: Digitalization offers innovative employment scenes to 23 per cent of Pakistan’s population that falls in the 20 to 34 years of age group and can add $60 billion to the Pakistan economy within the next seven to eight years.

The Overseas Investors Chamber of Commerce and Industry (OICCI) has equipped a Digital Report 2022 titled, “Recommendations for Digital Transformation in Pakistan”.

The OICCI Managing Committee presented the Digital Report 2022 to the President of Pakistan Dr Arif Alvi, with an objective to set the country on its digital journey. The report covers suggestions on e-commerce, fintech, IT exports and web 3.0 technologies, etc.

The president showed his concern about the decline in business confidence influenced by the highly challenging political and economic situations during the last six months.

He also appreciated the OICCI for taking the lead in presenting recommendations to digitalize the economy.

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