Pakistan Earned US$1,119 mn from IT Exports in 7 Months- PSEB
PSEB has released the latest data, according to which Pakistan earned US$1119.220 million by rendering IT services to different countries during the financial period of seven months between 2020-21. It means Pakistan has witnessed 37.86 % growth as compared to US$811.845 million earned by providing the same services during FY 2019-20. On further analyzing the data it revealed that the computer services grew by 42.21 percent, with a surge from US$625.105 million last year to US$888.980 million during July 2020 – January 2021. As far as computer services are concerned, software consultancy firms’ exports witnessed an increase of 25.10 percent, from US$238.030 million to US$297.775 million. The exports of Hardware consultancy services decreased by 79.83 % from, US$1.750 million to US$0.353. The exports of repair and maintenance services also declined by 76.33 percent from US$1.263 million to US$0.299 million. Other computer services exports increased by 93.28 percent from US$192.904 million to US$372.838 million. Among the telecommunication services, call center services’ exports increased by 15.33 %, while the exports of other telecommunication services increased by 27.38 percent. No doubt, it’s a good jump for Pakistan and clearly shows that people throughout the world trust Pakistani talent. This increase in IT services exports gives us a message that Pakistan has too much potential. Also Read: PITB Signs an MoU with IPH on Provision of IT Services
