Pakistan’s digital economy to reach $75 Billion by 2029 as the advancements were emphasized at WEF 2025.
At the World Economic Forum 2025 in Davos, Switzerland, Jazz CEO Aamir Ibrahim emphasized Pakistan’s advancements in digital technology.
Ibrahim has been instrumental in formulating the country’s roadmap for digital and financial inclusion.
He highlighted that Pakistan’s digital economy is on track to reach $75 billion, fueled by investments in broadband, fintech, and artificial intelligence.
According to Ibrahim, Pakistan is home to over 6,000 IT companies employing around 300,000 professionals.
The IT sector is anticipated to expand by 30% annually, with projected revenues reaching $3.6 billion by 2029.
He pointed out that the widespread use of smartphones and government-backed initiatives are accelerating the country’s digital transformation, fostering economic growth and financial inclusion.
Jazz has pledged to invest $250 million over the next two years to enhance fiber optic infrastructure, ensuring high-speed internet access for homes and businesses while supporting digital commerce and e-governance.
Ibrahim also mentioned that JazzCash is enabling small businesses, traders, and individuals to securely engage in the digital economy.
He forecasted that Pakistan’s digital payment sector will witness transactions worth $50 billion by 2026.
Overall, Pakistan’s digital economy is set to reach $75 billion, with IT services growing at a 30% annual rate and generating $3.6 billion in revenue by 2029.
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