IT exports remittances surge 23.71 percent

IT exports remittances surge 23.71 percent

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Islamabad: In the 2019-20 fiscal year, Pakistan’s information technology (IT) and IT support services (ITeS) export remittances, including computer services and call center services, surged by 23.71% to US$1.230 billion, compared to US$9,948,480. The same period last year in 2018-19.

According to the performance report of the Pakistan Software Export Board (PSEB) under the Ministry of IT and Telecommunications, the IT industry has always been a star of Pakistan’s economy, and thanks to the strong government support, skilled entrepreneurs and talent teams.

IT and Telecommunications Minister Syed Amin Ul Haque instructed the Pakistan Software Export Board (PSEB) to take all possible steps to achieve the goal of IT export remittances.

He said that under the Prime Minister’s vision for Digital Pakistan, it is vital to advance all matters related to information technology and connect young people, especially students, with the digital world.

He said that the Ministry of Information Technology plays an important role in responding to the Covid-19 pandemic through information technology, adding that the country’s coronavirus cases are declining.

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