Pakistan’s IT exports increased by 39% to $830 million during first four months (July-October) of current fiscal year 2021-22.
For the July-October 2021 period, Pakistan’s total exports grew 25% to $9.468 billion as compared to $7.576 billion during July-October 2020.
The net exports were $423 million or 70.97% of $596 million in exports in the same period of last fiscal year.
KARACHI: In a major achievement, Pakistan’s IT exports increased by 39% to $830 million during the first four months (July-October) of the current fiscal year of 2021-22, revealed Minister for Information Technology and Telecommunication Syed Aminul Haque.
In a statement, Aminul Haque said the IT export remittances, including telecommunication, computer and information services have surged to $830 million in July-October of the current fiscal year. During July-October of the last fiscal year IT-related exports fetched $596 million, he added, The News reported.
“The net exports for the period -- July-October -- were $630 million which was 75.9% of $830 million in exports,” Haque added.
The net exports were $423 million or 70.97% of $596 million in exports in the same period of last fiscal year.
The minister hoped that IT exports would exceed the target of $3.5 billion by December 2022.
For the July-October 2021 period, Pakistan’s total exports grew 25% to $9.468 billion as compared to $7.576 billion during July-October 2020.
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