PR No. 149
40% IT EXPORTS INCREASED IN JULY-DECEMBER COMPARED TO SAME PERIOD IN LAST YEAR
Islamabad: January 21, 2021

On the direction of Federal Minister for IT and Telecommunication Syed Amin Ul Haque, Ministry of Information Technology and Telecommunication is making special efforts to increase IT exports and encourage IT companies. Information and Communication Technology (ICT) export remittances including export of Telecommunication, computer and information services, have surged to US $958 million at a growth rate of 40% during July-December of FY 2020-21, in comparison to US $684 million during July-December of FY 2019-20, according to performance report of Pakistan Software Export Board (PSEB), the attached department of the Ministry of IT and Telecommunication. Lauding the increase in IT exports, Federal Minister for IT and Telecommunication Syed Amin Ul Haque said this is the highest growth rate for the FY 2020-21 (July-December). He said in statement that every possible steps are being taken to increase IT exports, adding that Pakistan's IT industry is rapidly growing. The Federal Minister for IT also appreciated the role of Pakistan Software Export Board (PSEB) and country's IT industry.
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