Information ±3 the resource like other major development resources: human, natural, and financial. Recent experience applying information technology specially communication satellite in developing and industrial countries that appear to offer promising solutions to information problems. People-to people communication, bypassing terrestrial boundaries both physical and political, is the emerging dimension of satellite communications.The ongoing information explosion in the industrialized economies contrasts sharply with the information poverty of the developing countries. This poverty takes many forms: planning without facta, poor Information support for macroeconomic and sectoral policy formulation and implementation, inadequate financial control and cumbersome reporting and monitoring systems, underdeveloped decision support systems at all levels of management, limited access to information for the rural populations, isolation of researchers and professionals from international research findings, lack of information on natural resources, poor access to timely information on national and international markets, and so on. Communication satellite is the driving force for a new techno-economic paradigm with far reaching effects for all types of industries and services and for the competitive position of developing countries. Satellite communication along with other information technology can help improve planning, management, and productivity of all types of economic development activities: agricultural and rural development, poverty alleviation, environmental management, infrastructural development, and population and human resources development. It can improve policy analysis, macro economic management, debt management, enterprise management, financial intermediation, financial accountability, and popular participation. Satellite communication is a powerful tool to simultaneously integrate and decentralize.Governments are recognizing their roles as information providers and users, facilitators of information technology diffusion, and providers of information and communication infrastructures, as well as their role in setting policies for communication satellite and informatics. In accepting a stronger role in each of these areas, they will have to pay special attention to: (1) regulatory policies governing the supply and use of satellite communication and information services;(2) priorities for information resources development and the infrastructural requirements to support them and to diffuse the best practices; (3) educational and employment policies to prepare human resources to exploit Information technology; (4) proactive public policies to provide equitable and easy access to sector procurement and standardization of satellite information technology;(5) socioeconomic, socio-cultural and socio-structural impact of satellite technology must be considered.