Pakistan earns $958m from IT services’ export

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Islamabad

Pakistan earned US $958.110 million by providing different information technology (IT) services in various countries during the first six months of financial year 2020-21.

This shows growth of 40.11 percent as compared to US $683.850 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 44.25 percent as it surged from US $522.220 million last year to US $753.300 million during July-January (2020-21).

Among the computer services, the exports of software consultancy services witnessed increase of 30.58 percent, from US $194.316 million to US $253.737 million while the export and import of computer software related services also rose by 11.90 percent, from US $163.482 million to US $182.933 million.