Pakistan Earns $426mn from IT Services’ Export

Thu Oct 20 2022
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ISLAMABAD: Pakistan Bureau of Statistics (PBS) said on Thursday that Pakistan earned US$ 426.070 million by providing different Information Technology (IT) services in many countries during the first two months of the current fiscal year 2022-23.

The Bureau of Statistics said that this indicates a growth of 1.45 percent as compared to US$ 419.980 million earned through the provision of services during the corresponding months of the fiscal year 2021-22.  During July-August (2022-23), the export of computer services grew by 10.10 percent as it surged from US$ 312.620 million last fiscal year to US$ 344.190 million this year.

Among the computer services, the exports of software consultancy services witnessed an increase of 7.20 percent, from US$ 113.566 million to US$ 121.740 million while the exports of hardware consultancy services dipped by 36.31 percent from US$ 0.515 million to US$ 0.328 million.

The export and import of computer software-related services surged by 31.24 percent, from US$ 73.552 million to US$ 96.529 million, whereas the exports of repair and maintenance services decreased to US$ 0.187 million from US$ 0.192 million.

The export of telecommunication services also witnessed a decline of 23.65 percent as these went down from US$ 106.350 million to US$ 81.200 million during the months under review, the PBS revealed.

The PBS data showed that among the telecommunication services, the export of call centre services increased by 28.49 percent during the period as its exports increased from US$ 27.058 million to US$ 34.766 million, whereas the export of other telecommunication services decreased by 41.44 percent, from US$ 79.292 million to US$ 46.434 million during the period.

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