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Pakistan’s ICT exports remittances increase to whopping $310 million

ISLAMABAD: The Information and Communication Technology (ICT) services export remittances surged to US$ 310 million in the month of April, 2024.

Minister of State for IT and Telecommunication Shaza Fatima Khawaja in a statement said that it is for the first time in the history of Pakistan that IT exports saw this outstanding increase just in one month.

ICT export remittances have surged to US$ 2.593 billion during July 2023 to April 2024 of FY2023-24 in comparison to US$ 2.135 billion reported for the same period last year.

Shaza Fatima said that the government has first priority to increase IT exports of the country, adding that this record increase in IT exports is due to relentless efforts of the Prime Minister of Pakistan.

She said that Prime Minister Shehbaz Sharif prevented the country from default in last PDM government and stabilised the economy and its positive outcomes are now coming. She said that steps are underway for increasing IT exports.