fbpx mmnews

Pakistan’s IT exports reach $2.6 billion in FY-22

ISLAMABD: The information technology ministry on Thursday was told in the fiscal year of 2021-22, Pakistan’s Information and Communications Technology (ICT) exports went up to $2.616 billion, while the exports in June increased by $52 million.

According to the ministry data, the exports in the fiscal year 2020-21 were $2.108 billion. ICT exports in June 2022 were $235 million, which went up to $287 million.

The ICT exports of the country went up by $52 million in June in comparison to May 2022. The rate of increase of ICT exports was 24.1%, it added.

Earlier in January 2022, the Federal Minister for Information Amin ul Haque said that Pakistan ICT exports have witnessed an over 35 per cent increase during the first half of the fiscal year 2021-22.

The IT minister said that the exports reached US$1.3 billion during the six months from July to December 2021 against Rs959 million exports during the same period of the previous fiscal year.

Get the MMnews App now & scroll through your favourite content faster!
Comments: 0

Your email address will not be published. Required fields are marked with *