Boost for Pakistani Freelancers: Government Unveils Interest-Free Loans
The official statement underscores the broader objective of fostering a revolutionary change in the economic contributions of freelancers. Beyond just offering essential infrastructure, the initiative seeks to create an ecosystem that nurtures creativity and productivity among freelancers.
Karobar
In a significant move to empower freelancers in Pakistan, the Ministry of Information Technology and Telecommunication has announced plans to provide interest-free loans totaling one hundred thousand rupees. This initiative aims to support freelancers in establishing e-working centers, marking a crucial step towards transforming the freelance landscape in the country.
Caretaker Federal Minister for Information Technology and Telecommunications, Dr. Umar Saif, stressed the importance of providing freelancers with the necessary tools and conducive environments for success in the digital landscape. He mentioned ongoing efforts to attract global investors into the proposed venture capital for startups.
As part of the initiative, Dr. Umar Saif disclosed plans for a visit to Saudi Arabia, highlighting the government's active efforts to establish 5,000 joint e-working centers for freelancers. The provision of interest-free loans to set up these centers is expected to not only facilitate freelancers but also create millions of employment opportunities in the country.
In discussions with Caretaker Finance Minister Dr. Shamshad Akhtar, a positive outcome was reached on a 5-point agenda related to the IT Sector. The detailed discussion on retaining dollars within the IT industry suggests forthcoming positive developments. These efforts and initiatives signal a promising outlook for the growth and prosperity of freelancers and the IT sector in Pakistan.
