IT Exports Up 21.6% in 2024-25
Staff Report
Islamabad: During July-March FY2025, IT & ITeS achieved a trade surplus of US$ 2,429 million, up 21.6% from US$ 1,997 million last year.
According to the Economic Survey 2024-25, during the same period, ICT export receipts rose by US$ 541 million to US$ 2,825 million, a 23.7% increase year-on-year. Pakistan-based freelancers contributed US$ 400 million in foreign exchange earnings through remittances.
The Pakistan Software Export Board oversees over 50 Software Technology Parks (STPs) and e-Rozgar centers, established under projects including “Establishment of 25 Software Technology Parks” and the “Prime Minister’s Initiative” supporting IT startups, specialized training, and venture capital.Pakistan’s Foreign Debt Hits $ 87B in 2024-25
National Incubation Centers have supported over 1,900 startups till March 2025, with more than 960 successfully graduated. These startups created over 185,000 jobs, attracted Rs 30.8 billion in investments, and generated combined revenues exceeding Rs 27.3 billion. Over 12,000 women entrepreneurs have been empowered through this program.
The telecom sector demonstrated resilience, generating provisional revenues of Rs 803 billion during July-March FY2025.
Telecom subscriptions (mobile and fixed) reached 199.9 million, with a teledensity of 81.3% by March FY2025.
The sector contributed Rs 271 billion (provisional) to the national exchequer in the same period
