SIFC-backed IT services exports rake in $5.4 billion in foreign exchange with 6% growth

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2025-04-07T16:33:00+05:00

Islamabad (Web Desk): The Pakistani IT sector has witnessed a notable surge in exports, underpinned by the strategic initiatives of the Special Investment Facilitation Council (SIFC).

Recent figures indicate a robust growth trajectory, with overall IT service exports rising by 6%, generating $5.4 billion in foreign exchange over the past eight months. Within this, exports in the fields of IT, computer, and telecommunications services have experienced an impressive 25% increase, reaching $2.4 billion.

This upward trend reflects a heightened global demand for Pakistani IT expertise, presenting new opportunities for local freelancers and tech startups to capitalize on international markets.

The positive momentum has spurred optimism within the industry, reinforcing the government's target to scale IT exports to $15 billion within the next five years.

This growth trajectory positions the sector to play a pivotal role in driving future economic development and enhancing Pakistan’s position in the global digital economy.

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