Pakistan’s Technology Exports Hit Record $4.6 Billion in Fiscal Year: Advisor

July 18, 2026 at 7:58 PM
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ISLAMABAD: Pakistan’s technology exports rose to a record $4.6 billion in the fiscal year ended June 2026, marking a 21% year-on-year increase, Finance Minister’s Advisor Khurram Schehzad said on Saturday.

In a post on X, Schehzad said technology exports reached an all-time high during FY26, while exports in June 2026 stood at $416 million, up 12% from the previous month and 23% from a year earlier.

The advisor said the growth reflected Pakistan’s expanding capabilities in technology, digital services and innovation, as rising global demand for IT-enabled services strengthened the country’s position as a competitive technology destination.

He said higher technology exports were generating foreign exchange earnings, creating high-value employment opportunities, attracting investment and supporting the transition towards a more knowledge-based and export-oriented economy.

Schehzad attributed the momentum in part to continued government policy support, including the extension of the 0.25% tax regime for IT exports through 2029, efforts to promote digital payments and ongoing investment in 5G and digital infrastructure.

The advisor described the latest figures as another milestone for Pakistan’s digital economy, saying they reflected the country’s “record, resilience and momentum”.

The record technology export figures come as Pakistan seeks to make information technology and IT-enabled services a key driver of export-led economic growth under its broader economic reform agenda.

Under ‘Uraan Pakistan’ national economic plan, the government has also set an fiscal year 2029 target of $10 billion in IT exports.

The government has introduced a series of incentives for the sector, including extending the preferential 0.25% final tax regime on IT and IT-enabled service exports until 2029, while also promoting digital payments, expanding broadband connectivity and preparing for the commercial rollout of 5G services.

The initiatives form part of efforts to increase foreign exchange earnings, attract investment and create high-skilled employment as the country pursues a more digital and knowledge-based economy.

Pakistan’s technology sector has been among the country’s strongest-performing export industries in recent years.

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