Recent Position of Freelancing in Pakistan

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 Recent Position of Freelancing in Pakistan

The IT industry has now been considered to be a major source of revenue in Pakistan but at the same time the people associated with this industry; especially, freelancers have been facing some problems for a long time which have now increased. According to the review, 5,000 IT companies in Pakistan are registered with the Pakistan Securities and Exchange Commission. At present, the number of broadband subscribers in Pakistan is 9.5 Crore, the subscribers of mobile phone companies have reached 17.8 Crore and the subscribers of 3G / Forge have reached 9.3 Crore.

According to the BBC report published in 2020, Pakistan is the fourth largest country in the world in terms of freelancers, where their number is increasing, and during the year 20-2019, 150 million USD in foreign exchange came to Pakistan through freelancers. Nowadays, the freelancing sector is a major source of foreign exchange for Pakistan. In just a few months, more than 20 Crore PKR has come in while the entire IT industry is around 80 Crore PKR.

Since freelancing is a sector connected to the Internet, people are working more in areas of Pakistan where the speed of the Internet is faster. At present young people from Karachi, Lahore, Multan, Islamabad, Faisalabad, Peshawar and Rawalpindi are doing freelancing work. In other parts of Pakistan like Gilgit-Baltistan and Kashmir, the youth also have the ability in this regard but due to low internet speed, they cannot do freelancing work.

In conclusion, I must say that freelancers are hardworking people who are not tax evaders, but believe in their hard work and are looking for new places. If these young people are performing such feats without any government patronage, they will be able to see their colors after a little applause and help.

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