Pakistan earns over $1,719 million from IT services’ export in 7 months
Pakistan earned $1,719.921 million by providing different information technology (IT) services to various countries during the first seven months of the current fiscal year 2023-24. This shows a growth of 12.78 per cent as compared with the $1,524.969 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 14.09 per cent as it surged from $1,224.499 million last year to $1,397.051 million during July-January 2023-24. Among the computer services, the exports of software consultancy services witnessed an increase of 1.14 per cent, rising from $3.502 million to $3.542 million this year while the export of hardware consultancy services also surged by 4.73 per cent, from $454.283 million to $475.783 million.