Pakistan Records its Highest Ever IT Exports in 9 Months of FY 2022

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 Pakistan Records its Highest Ever IT Exports in 9 Months of FY 2022


IT export remittances which include telecommunication, laptop, and statistics offerings from July 2021 to March 2022 have surged to $1.948 billion developing through 29.26% in evaluation to $1.507 billion in the course of the identical period in FY 2020-21.

According to the Ministry of Information Technology and Telecommunication’s statistics, in March 2022, ICT export remittances were $259 million at a increase rate of 23.Ninety two% whilst in comparison to $209 million suggested in March 2021. They were also $58 million higher than export remittances of $201 million throughout the previous month of February 2022.

Net exports for the period July 2021 to March 2022 throughout FY2021-22 were $1.472 billion that's seventy five.Fifty six% of the whole $1.948 billion in ICT exports. Last yr, for the equal duration the internet exports have been $1.126 billion which become 74.72% of $1.507 billion in exports.

Federal Minister for IT and Telecommunication Syed Aminul Haq has directed the PSEB to take every feasible step to attain the target of IT exports remittances. He stated that under the prime minister’s vision of “Digital Pakistan”, it's far important to take forward all of the subjects related to information era and join the teens specifically students to the digital international.

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