Pakistan earned US $1,151.956 million by providing different Information Technology (IT) services to various countries during the first five months of the current fiscal year 2023-24.
This shows a growth of 5.89 per cent as compared with the US $1,087.929 million earned through the provision of services during the corresponding months of the last fiscal year 2022-23, the Pakistan Bureau of Statistics (PBS) reported.
During the months under review, the export of computer services grew by 8.17 per cent as it surged from US $864.429 million last year to US $935.016 million during July-November 2023.
Among the computer services, the exports of software consultancy services witnessed an increase of 46.67 per cent, from US $1.710 million to US $2.508 million this year while the export of hardware consultancy services also surged by 4.15 per cent, from US $318.041 million to US $331.231 million.
The export of repair and maintenance services however decreased by 40.74 per cent from US $1.485 million to US $0.880 million whereas the export and imports of computer software services surged by 4.05 per cent, from $239.473 million to $249.179 million.—APP
