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Rs18.5 Billion Budget Allocation for Information Technology, Science, and Space Technology in 2023-24

Written by Muhammad Muneeb Ur Rehman ·  2 min read >

In a bid to foster technological advancement and bolster national development, the government has placed a special emphasis on information technology, science, and space technology in the upcoming budget for the fiscal year 2023-24. The proposed allocation for these sectors stands at a substantial Rs18.5 billion, indicating the government’s commitment to harnessing the potential of these fields. 

This article explores the key initiatives and projects planned for these sectors and highlights the government’s efforts to reduce the import bill, safeguard national data, and promote local manufacturing.

Information Technology Initiatives

The budget proposals include a range of information technology projects aimed at enhancing cybersecurity, digital infrastructure, and the overall IT landscape of the country. A notable project is the manufacturing of smart cards, mobile SIMs, and chips locally, with the objective of reducing dependency on imports and promoting domestic industry. By manufacturing these essential components within the country, the government seeks to strengthen data protection measures and bolster national security.

Moreover, the budget sets aside funds for the development of smart policing initiatives to combat cybercrime effectively. These endeavors aim to create a secure digital environment for citizens and businesses alike. The government also plans to invest in projects aimed at monitoring and protecting digital activities, ensuring the integrity and confidentiality of sensitive information.

In line with the growing importance of digital education, the budget proposals include the implementation of virtual education projects. By leveraging technology, the government aims to provide access to quality education for all, transcending geographical barriers and promoting inclusivity. Furthermore, the allocation of funds for training freelancers demonstrates the government’s commitment to nurturing a skilled workforce in the digital realm, fostering entrepreneurship and innovation.

Science and Space Technology Advancements

The development budget for the upcoming fiscal year includes a substantial number of science and technology projects, with a particular focus on space research. A total of 37 projects in the field of science and technology, including space research, are set to receive funding. This emphasis on space exploration highlights the government’s ambition to propel the nation into the forefront of scientific and technological advancements.

To facilitate efficient governance and improve legislative processes, the budget includes the implementation of a cyber-efficient parliament. This digital transformation initiative aims to streamline operations, enhance transparency, and ensure efficient communication and collaboration among lawmakers.

Furthermore, the government plans to launch the One Patient-One ID project, a transformative healthcare initiative aimed at digitizing medical records. This endeavor seeks to centralize patient information, ensuring seamless access to medical histories and improving healthcare delivery. By harnessing technology, the government aims to revolutionize the healthcare sector, enhancing the quality and accessibility of medical services.

Space technologies are a key area of focus in the upcoming budget, with the allocation of funds for the establishment of the Pakistan Multi-Mission Communication Project. This project aims to enhance communication infrastructure for space missions, enabling effective coordination and data transmission. The development budget also includes the implementation of online satellite imaging, which will provide crucial insights and information for various sectors, including agriculture, urban planning, and disaster management.

Agricultural Research and Development

The budget proposals prioritize agricultural research and development, recognizing the vital role of this sector in ensuring food security and economic growth. The establishment of the Hemp Authority and Testing Labs signifies the government’s commitment to promoting the cultivation and utilization of hemp for industrial purposes. This initiative not only diversifies agricultural practices but also has the potential to create new avenues for economic growth.

In addition, the budget sets aside funds for the preparation and distribution of high-quality agricultural seeds. By investing in advanced seed technology, the government aims to improve crop yields, enhance agricultural productivity, and support farmers in maximizing their output.

The government’s decision to allocate substantial funds to information technology, science, and space technology in the 2023-24 budget reflects its commitment to driving technological innovation and fostering national development. The proposed initiatives, ranging from cybersecurity measures and digital infrastructure development to space exploration and agricultural research, aim to address pressing challenges, reduce dependency on imports, and propel the country toward sustainable progress. By investing in these sectors, the government envisions a future where Pakistan emerges as a leading player in the global technological landscape, fueling economic growth, and ensuring a prosperous future for its citizens.

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Written by Muhammad Muneeb Ur Rehman
Muneeb is a full-time News/Tech writer at He is a passionate follower of the IT progression of Pakistan and the world and wants to educate the people of Pakistan about tech affairs. His favorite part about being a tech writer is tech reviews and giving an honest and clear verdict to his readers. Contact Muneeb on his LinkedIn at: Profile