ISLAMABAD: Pakistan’s Prime Minister Shehbaz Sharif on Friday lauded the increase in Information Technology (IT) exports by 23% to US$2.828 billion during the first nine months of the current fiscal year.
He expressed optimism over the fact that IT sector entrepreneurs were leveraging government policies to expand their service exports beyond traditional markets, successfully tapping into new and emerging ones as well.
“The 23% increase in IT exports has been made possible due to the timely provision of facilities to the IT sector and due to the tireless efforts of the government team”, the prime minister said in a statement issued by the PM Office.
He added that the government was striving to enhance the number of Pakistani professionals providing IT services abroad and in the IT export sector.
“We are taking steps to provide professional training to promote the development of the IT sector and increase exports”, the prime minister remarked.
According to updated statistics from the State Bank of Pakistan (SBP), export earnings from IT and IT-enabled services rose to $2.828 billion between January and March, up from $2.284 billion during the same period in the previous financial year.
It is worth noting that Pakistan made a remarkable impact at LEAP 2025 in Riyadh, with over 100 companies showcasing their products, services, and innovative solutions. During the event, the Pakistani IT industry also set an ambitious goal to double its annual exports to Saudi Arabia, aiming to reach $50 million.
