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ICT export remittances surges $1.908 billion

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ISLAMABAD, Pakistan: On the direction of the Federal Minister for IT and Telecommunication Syed Amin Ul Haque, the Ministry of Information Technology and Telecommunication is taking special steps to increase IT exports.

The ICT export remittances including telecommunication, computer, and information services have risen to US$1.908 billion at a growth rate of 47.1% during July-May of FY 2020-21, in comparison to US$1.297 billion during July-May of FY 2019-20, according to Pakistan Software Export Board (PSEB), the attached department of Ministry of IT & Telecom.

Lauding the increase in IT exports, the Federal Minister for IT and Telecommunication Syed Amin Ul Haque said that this is the highest growth rate for the FY 2020-21 (July-May).

The minister said that every possible steps are being taken to increase IT exports, adding that Pakistan’s IT industry is rapidly growing.

The IT minister also appreciated the role of the Pakistan Software Export Board (PSEB) and the Country’s IT industry.

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