Pakistan Records its Highest Ever IT Exports in 10 Months

Information Technology (IT) export remittances from July 2021 to April 2022 have surged to an all-time high of $2.198 billion growing by 29 percent in comparison to $1.7 billion during the same period in FY 2020-21, World Bank has said.

In April 2022, ICT export remittances grew to $249 million up by 29 percent, compared to $193 million reported in April 2021. Prime Minister Shehbaz Sharif intends to increase IT exports from $1.5 billion to $15 billion in the coming years.

For accomplishing this objective, the chief said that unfamiliar tech organizations would be worked with in all regards as to venture, extension, and close joint effort.

The Ministry of Information Technology introduced proposals in the last bureau to improve programming sends out. The bureau advised the service to introduce proposals before the Economic Coordination Committee and later again before the bureau.

He has directed the PSEB to take every possible step to achieve the target of IT export remittances.