IT Exports Cross $1.5 Billion For The First Time
Pakistan’s IT industry has maintained robust growth in recent months as it crossed $1.5 billion for the first time. The industry broke another record in March to receive the highest exports remittances in a single month, which is $213 million.
According to data released by the State Bank of Pakistan, the export receipts through IT and IT-enabled services recorded a staggering increase which stood at $1.512 billion during the first nine months of the current financial year 2020-21 compared to exports of $1.053 billion recorded in the corresponding period of the last financial year, showing an increase of $459 million or 43% year-on-year.
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