Categories: Technology

Pakistan’s IT exports witness 30% growth in 8 months

ISLAMABAD: As per the latest data issued by the State Bank of Pakistan (SBP), the information and communications technology (ICT) exports kept a healthy growth of inflows – $1.69 billion – from July to February 2021-22.

invest with imarat

Islamabad’s emerging city centre

Learn More

According to the SBP, a 30 per cent year-on-year increase has also been recorded.

It is pertinent to state that ICT is at the top among the services sector with regards to its contribution to the economy. The overall exports of the services sector grew by 18 per cent year-on-year and stood at $4.49 billion due to higher inflows.

According to experts privy to the matter, ICT exports have surged consistently since the Covid-19 pandemic began.

Get to know major exports of Pakistan, visit Graana Blog.

Maham Tahir

Recent Posts

CDA Directs Fast-Track Handover of Developed Plots in Islamabad Sectors

Islamabad: The chairman of the Capital Development Authority (CDA) and Chief Commissioner Islamabad, Muhammad Ali…

2 weeks ago

KP Government Considers 31km Outer Ring Road in Peshawar to Ease Traffic

Peshawar: The Khyber Pakhtunkhwa government is exploring plans to construct a 31-kilometre outer ring road…

3 weeks ago

NHA Utilises 56% of Development Budget in First Half of FY26

Islamabad: The National Highway Authority (NHA) has spent more than half of its development budget…

3 weeks ago

Karachi to Upgrade 183 Roads Under Special Infrastructure Program

Karachi: A high-level meeting chaired by Sindh Minister for Local Government Syed Nasir Hussain Shah…

4 weeks ago

Al Akaria Signs SR1.2 Billion Lease Deal for Amsa Vue Residential Compound in Riyadh

Riyadh: Saudi Real Estate Co. (Al Akaria) has signed a long-term lease agreement with Amsa…

4 weeks ago

Land Acquisition Begins for Thalian Interchange of Rawalpindi Ring Road Project

Rawalpindi: The divisional administration has begun acquiring land for the Rs5 billion Thalian Interchange, a…

1 month ago