Around 8,647 recent graduates have reportedly gotten IT training through the National Freelance Training Program, which was formed with the support of funding from the Ministry of Information Technology. After completing their training, these graduates, who received international quality IT instruction, made $23 million as freelancers, making a substantial contribution to Pakistan’s economy.
According to the Government, about 1,638 new IT companies registered with the Pakistan Software Export Board in 2022, along with 761 call centres and 1,463 independent contractors. The Ministry is establishing specialized incubation facilities to increase exports and foster the growth of firms in the agricultural and textile industries, aerospace technologies, gaming, and animation.
In order to help early-stage firms maintain their businesses, Ignite is launching an accelerator programme in partnership with worldwide partners like Plug & Play, orbit, DMZ, 500 global, and hub 71. Almost 33 million people have signed up for freelancing courses through Ignite’s Digi Skills Program, which is 75% more than the target number. The $290 million in earnings generated by the Digi Skills-trained freelancers by June 2022 will go towards the nation’s foreign exchange reserves.
The economy of Pakistan would benefit greatly from this announcement, which also demonstrates the government’s commitment to expanding employment possibilities for the country’s youth. The Ministry’s attempts to encourage entrepreneurship and give training to recent graduates have been vital in bridging the skills gap and boosting the country’s economic outlook as the IT sector grows dramatically.