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Articles for tag: digital economy, Google, Investment, Islamabad, IT exports, Shehbaz Sharif, Technology, Wilson White

ProPakistani

Pakistan IT Exports Hit Record $4.6bn in FY26; PM Shehbaz Reviews Digital Roadmap as Sector Expands Beyond US

Pakistan's information technology sector recorded a historic $4.6 billion in exports during fiscal year 2026 — a 20.7 per cent increase on the previous year's $3.81 billion — as Prime Minister Shehbaz Sharif convened a review of the country's strategic IT roadmap today. The sector is expanding beyond traditional US and European markets into Japan and Singapore, and IT exports now account for 11.7 per cent of Pakistan's total monthly exports.

February 20, 2024

News Desk

IT exports fall 12.4% to $265 million

LAHORE: The latest data from the State Bank of Pakistan revealed a 12.54% decline in Telecommunications, Computers and IT exports for January 2024 compared to the previous month. The figures, released on Monday, show a decline from $303 million in December 2023 to $265 million in January 2024. However, on a year-on-year basis, there has been a remarkable increase of 39.47% in exports, with January 2023 recording exports worth $190 million. Despite this year-over-year growth, the month-over-month decline points to challenges in the industry. Total services exports also declined month-on-month, falling by 7.25% to $678 million in January 2024 from

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