Engineering Post Report
Pakistan earned US $ 2605.340 million by providing different Information Technology (IT) services to various countries around the globe during the financial year 2022-23.
However, this is little less by 0.53 percent as compared to US $ 2619.100 million earned by rendering IT services during the previous financial year 2021-22, according to figures now available.
During last financial year, the export of computer services had grown by 0.08 percent as it surged from US $ 2109.370 million during previous fiscal year as compared to US 2110.990 million during the period under report i.e. 20222-23.
Among the computer services so rendered/provided, the exports of software consultancy services witnessed a decrease of 4.36 percent from US $ 795.464 million while the exports of hardware consultancy services, however, increased by as much as 87.97 percent from US $ 2918 million to US $ 5485 million.
The exports of other computer services increased by 0.09 percent going up from US $ 743.149 million to US $ 743.850 million.
The export of information technology services increased by 5.54 percent by going up from US $ 5230 million to US $ 5520 million during the period under report.
The export of telecommunication services decreased by 3.11 percent as these went down from US $ 504.500 million to US $ 488.830 million during the last financial year as compared to the previous fiscal year figures.