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Pakistan’s annual IT exports hit record $3.8 billion

MM News Staff by MM News Staff
July 19, 2025
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Pakistan’s IT exports reached a record $3.8 billion in the fiscal year 2025, showing an 18 per cent rise from the previous year.

The Ministry of IT and Telecom credited the growth to progress in five key areas: boosting Pakistan’s global tech image, investing in infrastructure and talent, providing policy support, improving high-speed internet access, and launching digital initiatives like promoting a cashless economy.

IT and Telecom Minister Shaza Fatima said the government aims to reach $15 billion in annual IT exports by 2030. She said ongoing reforms would support this target and build a stronger digital ecosystem.

However, tech leaders say policy issues remain a major concern. The Pakistan Software Houses Association (P@SHA) warned that inconsistent tax policies and complex regulations are slowing progress. The group urged the government to introduce a stable, long-term tax and compliance framework.

P@SHA Chairman Sajjad Syed said many entrepreneurs spend too much time managing overlapping rules instead of growing their businesses. “Investors always ask the same two questions: What will my tax exposure be, and will the rules change after I invest?” he said. “If we offer clarity and simple compliance, capital will come.”

P@SHA proposed several reforms, including an extension of the 10-year Final Tax Regime on IT exports, resolving payroll-related tax issues, and launching a digital foreign currency channel similar to Roshan Digital Accounts.

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