Islamabad
Pakistan has spent US $ 386.951 million by acquiring different information technology (IT) services from various countries during the fiscal year 2019-20.
This shows decrease of 12.26 percent when compared to US $ 441.040 million spent through provision of services during the corresponding period of last fiscal year 2018-19, Pakistan Bureau of Statistics (PBS) reported.
During the period under review, the imports of computer services witnessed nominal increase of 1.38 percent as it surged from US $ 319.880 million last year to US $ 324.280 million during July-June (2019-20).
Among the computer services, the imports of software consultancy services decreased by 3.14 percent, from US $ 108.707 million to US $ 105.298 million while the import of hardware consultancy services also declined by 92.50 percent, from US $ 0.200 million to US $ 0.015 million.
The imports of repair and maintenance services also decline by 49.46 percent from US $ 1.397 million to US $0.706 million whereas the export and imports of computer software services witnessed decrease of 9.52 percent, from $ 180.873 million to $ 163.646 million.
In addition the imports of other computer services rose by 90.28 percent from US$ 28.703 million to US $ 54.615 million.—APP
