Pakistan IT Exports for 7 Months Up 38%

Latest Pakistan Political Economic News

Pakistan’s IT exports for the 7 months period of July to January FY21 increased by 38% to $1.1 billion. Some of the main reasons was the gradual improvement in structure available to market players and the work from home economy.

The Adviser to Prime Minister on Commerce and Investment  said “These exports now constitute a third of our total export of services, and therefore are of strategic importance to us. We will cross the $2 billion this year.”

 

In January, IT exports grew 26 percent year-on-year to $161 million. Pakistan exported $2.8 billion of services during the first half of FY21.

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