Table of Contents

IT Ministry Demands Rs. 24.25 Billion Budget for FY24

The Ministry of Information Technology and Telecommunication (MoITT) has asked for a budget of Rs. 24.25 billion to fund 47 projects in the next fiscal year, FY24. The MoITT has specified that Rs. 20.877 billion will be allocated for the continuation of 34 ongoing projects and Rs. 3.372 billion for 13 new projects.

Of the total amount requested, the Special Communications Organization (SCO) will receive Rs. 5.764 billion for 10 ongoing projects and 6 new projects, while the National Information Technology Board (NITB) will receive Rs. 1.891 billion for 5 ongoing projects, but no new project has been proposed for NITB in FY24.

Read More: Dubai to Launch Flying Taxis in 2026

The Pakistan Software Export Board (PSEB) will receive Rs. 3.022 billion for 9 ongoing and 4 new projects, and the main ministry will receive Rs. 8.031 billion for 4 ongoing projects. The Punjab Information Technology Board (PITB) will receive an additional Rs. 440 million for 3 ongoing projects.

In addition, the Pak-Austria Fachhochschule Institute of Applied Sciences and Technology will receive Rs. 175.409 million, while Virtual University Lahore will receive Rs. 18.404 billion. The National Telecommunication Corporation (NTC) will be granted Rs. 16.979 billion for 3 new projects, and the National Telecommunication and Information Technology Security Board (NTISB) will receive Rs. 1.422 billion for 1 ongoing project.

For more updates, stay tuned to Al Sadat Marketing News. 

You can also invest in other famous and most in demand housing societies, such as , Blue World City,  Rudn Enclave7 Wonders City PeshawarTaj ResidenciaKingdom Valley,  New Metro City Gujar KhanForest Town RawalpindiUniversity Town RawalpindiICHS TownPark View City IslamabadMulti Gardens B17 Islamabad and Nova City Islamabad.

Al Sadat Marketing please contact 0331 1110005 or visit

Few more real estate housing schemes which are trending now a days in Islamabad by including: Faisal Town Phase 2Prism Town Gujar KhanNew City ParadiseEighteen Islamabad7 Wonders City IslamabadCapital Smart City,  Silver City IslamabadThe Life Residencia,  Faisal Town IslamabadIslamabad Golf CityIslamabad Model Town and Marble Arch Enclave.

Al Sadat Marketing is an emerging Real Estate Agency headquartered in Islamabad, Pakistan. With over 10+ Years of experience, Al Sadat Marketing is providing its services and dealing all trending housing societies projects in different cities of Pakistan. Islamabad Projects, Rawalpindi Projects, Gujar Khan Projects, Burhan Projects, and Peshawar Projects etc.

Book Your Plot Now: +92 331 111 0005

Tags :

Share :

About Author
About Author

Syed Sadat Hussain Shah

Leave a Reply

Your email address will not be published. Required fields are marked *