Pakistan’s IT and IT-enabled Services (ITeS) export remittances comprising computer services and call centre services increased by around 23 percent during the first eleven months (July-May) of the current fiscal year 2023-24 and stood at $2.925 billion compared to $2.371 billion during the same period of last fiscal year.
The official data showed that ITeS exports’ remittances increased by around 7 percent on a month-on-month (MoM) basis in May 2024 and stood at $332 million compared to $310 million in April 2024.
On a year-on-year (YoY) basis, the sector export remittances increased by around 41 percent compared to $236 million in May 2023.
The ICT export remittances, including telecommunication, computer, and information services, stood at $2.597 billion, a negative growth rate of around 1 percent in the fiscal year 2022-23 compared to $2.619 billion in the fiscal year 2021-22.
Follow ProPakistani on Google News & scroll through your favourite content faster!
Support independent journalism
If you want to join us in our mission to share independent, global journalism to the world, we’d love to have you on our side. If you can, please support us on a monthly basis. It takes less than a minute to set up, and you can rest assured that you’re making a big impact every single month in support of open, independent journalism. Thank you.
