Despite an increasing number of graduates entering the job market, a vast majority of them lack the competencies required to meet the evolving demands of the digital landscape. According to the SBP report, Pakistan sees an annual supply of 20,000 to 25,000 fresh engineering and IT graduates. A forthcoming survey being conducted by the SBP on start-ups reveals that a majority of IT firms face considerable difficulty in hiring skilled employees. The report states that only 10% of IT graduates are employable due to weaknesses in both technical and soft skills. The SBP suggests inviting top-tier global bootcamp companies to set up camps across the country under public-private partnership models.

Source: The Express Tribune May 20, 2023 07:40 UTC