Information Technology sector posted limited grow during last fiscal year

Engineering Post Report

Telecommunication sector remained a significant  source of revenue generation  for the national exchequer during the last fiscal year.

The Information T technology sector contributed Rs 327 billion to the national exchequer during the period under report, according to the official  sources.

The IT sector posted an appreciable growth of 6.6 percent  in the last financial year but the overall economic slowdown  and increased operational costs ,however, resulted  in the slower expansion  of the cellular mobile sector. Experts have, somehow, opened, that the envisioned turnaround of Pakistan’s economy  in the medium-to-long term was possible  by utilizing the potential  of the IT and telecommunication sector to as maximum as possible.