IT Exports Surge 27% YoY to $298mn in August 2024

ISLAMABAD: ICT export remittances have experienced a significant increase of 34.9%, reaching US$ 1.206 billion during the first four months of FY 2024-25 (July to October), said Minister of State for IT and Telecommunication Ms. Shaza Fatima Khawaja.

In a statement, she said ICT exports were US$ 894 million in the same period last year (FY 2023-24).Pakistan textile exporters should explore emerging markets: President IAF

Shaza Fatima said in October 2024, the remittances from ICT services export amounted to US$ 330 million, a 38.6% increase over US$ 238 million in October 2023.

Minister of State for IT said on the directives of the Prime Minister of Pakistan steps are being taken to increase IT exports.

She said Ministry of IT, Pakistan Software Export Board (PSEB) and IT industry are committed to increase country’s IT exports.

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