Pakistan earns $1512m from IT services’ export in 3 quarters

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Islamabad

Pakistan earned US $1512.130 million by providing different Information Technology (IT) services in various countries during the first three quarters of financial year 2020-21.

This shows growth of 43.61 percent as compared to US $1052.950 million earned through provision of services during the corresponding period of fiscal year 2019-20, Pakistan Bureau of Statistics (PBS) reported.

During the period under review, the computer services grew by 46.56 percent as it surged from US $812.040 million last year to US $1190.110 million during July-March (2020-21).

Among the computer services, the exports of software consultancy services witnessed increase of 25.11 percent, from US $314.418 million to US $393.374 million while the export and import of computer software related services also rose by 24.69 percent, from US $236.501 million to US $294.887 million.—APP

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