Good News for Pakistani Freelancers! Interest-Free Loans and E-Working Centers Announced

Pakistani freelancers, rejoice! The Ministry of Information Technology and Telecommunication has announced a revolutionary initiative to empower and boost their economic contributions.

This initiative includes:

• Interest-free loans of PKR 100,000 for freelancers to establish e-working centers.
• Establishment of 5,000 joint e-working centers across the country.
• Creation of an ecosystem that fosters creativity and productivity for freelancers.

The goal is to provide freelancers with the necessary tools and infrastructure to thrive in the digital economy. This will not only promote entrepreneurship but also create millions of employment opportunities.

Caretaker Federal Minister for IT, Dr. Umar Saif, further emphasized the government’s commitment to the IT sector by outlining:

• Plans to attract global investors for a venture capital fund for startups.
• Initiatives to address the issue of dollar retention for the IT industry.

These announcements demonstrate the government’s proactive approach to supporting the growth of the IT sector and empowering Pakistani freelancers to reach their full potential.