Pakistan’s IT Exports Hit $354 Million in July as SIFC Opens Global Markets
Islamabad: Pakistan’s IT exports have recorded a remarkable surge, crossing $354 million in July, driven by better global market access facilitated by the Special Investment Facilitation Council (SIFC). The figure marks a significant achievement as it surpassed the 12-month average of $317 million, underlining the sector’s growing strength. Compared to July last year, IT exports posted an impressive 24% year-on-year increase, while also recording a 5% growth over June 2024. Analysts attribute this sharp rise to booming demand in computer services, software consultancy, and a widening customer base in Gulf countries.
The consistent upward trend highlights the IT sector’s potential as one of Pakistan’s fastest-growing export industries. Experts believe that with sustained policy support and market diversification, Pakistan can further expand its digital footprint globally.
Discover more from Diplomacy Lens
Subscribe to get the latest posts sent to your email.
