In a quickly improving economic friendly environment, Pakistan's economy can progress in a short span of time, if it is made technology-intensive
For the wellbeing of its people, to achieve prosperity and become an influential country, it is necessary that Pakistan attains economic self-sufficiency by hastening its economic development. In this area, it has the capacity to succeed within a short timeframe, provided that it makes its economy technology-intensive on an urgent basis. In the past, like most other Asian economies, Pakistan’s economy had been based on making use of physical capital and cheap labour, with less emphasis on modern technology. While many western and some Asian economies use the most modern innovations and technology, especially information, communications and computer technologies (ICT), to achieve spectacular economic growth rates and export earnings, Pakistan has been slow in adopting these technologies. For example, with a much lesser population than Pakistan, Finland and Singapore’s annual exports for the year 2012 were $ 182 billion and $ 360 billion respectively, while Pakistan’s annual export earnings were only $ 18 billion.