Pakistan reached a noteworthy milestone in the first five months of the fiscal year 2023–24 by earning $1,151.956 million from a variety of information technology (IT) services supplied to other countries.
When compared to the $1,087.929 million earned during the same quarter of the previous fiscal year, this is a significant increase of 5.89%. The Pakistan Bureau of Statistics (PBS) reports that during July to November 2023, computer services exports increased by 8.17%, from $864.429 million to $935.016 million.
Surprisingly, hardware consultation services increased by 4.15% to $331.231 million, while software consultancy services showed an amazing 46.67% jump to $2.508 million. This encouraging pattern shows Pakistan’s rising stature in the international IT services industry and represents a significant boost to the nation’s economic expansion.
