Categories: Technology

Pakistan’s IT exports witness 30% growth in 8 months

ISLAMABAD: As per the latest data issued by the State Bank of Pakistan (SBP), the information and communications technology (ICT) exports kept a healthy growth of inflows – $1.69 billion – from July to February 2021-22.

invest with imarat

Islamabad’s emerging city centre

Learn More

According to the SBP, a 30 per cent year-on-year increase has also been recorded.

It is pertinent to state that ICT is at the top among the services sector with regards to its contribution to the economy. The overall exports of the services sector grew by 18 per cent year-on-year and stood at $4.49 billion due to higher inflows.

According to experts privy to the matter, ICT exports have surged consistently since the Covid-19 pandemic began.

Get to know major exports of Pakistan, visit Graana Blog.

Maham Tahir

Recent Posts

Exploring Kalabagh: The Historic City in Mianwali District

Kalabagh, a small yet historically significant town in Pakistan’s Punjab province, is located within the…

21 hours ago

Nazimabad Number 2: A Well-Known Residential Area in Karachi

Nazimabad Number 2 is a well-known neighbourhood in Karachi, Pakistan, renowned for its vibrant community,…

2 days ago

A Guide to Quetta Town in Karachi

Quetta Town is a residential neighbourhood located in the vibrant city of Karachi, Pakistan. Known…

3 days ago

Akbar Chowk Lahore: A Focal Point of Connectivity

Akbar Chowk in Lahore stands as one of the city’s most critical intersections, serving as…

4 days ago

A Guide to Khuda Baksh Colony Lahore

Khuda Baksh Colony, located near Bhatta Chowk in Lahore, is a rapidly developing residential area…

5 days ago

Gol Market Karachi: A Vibrant Commercial Hub

Gol Market in Karachi is one of the city's most iconic and bustling commercial centres.…

2 weeks ago