Report by Engineering Post
Pakistan’s Information Technology (IT) sector export proceeds averaged about $15.9 million per day in April 2025.
The steady gains mainly driven by global clientage expansion coupled with a welcome regulatory support boosted the sector’s outlook towards $ 10 billion export target in the next couple of years by 2029 as envisaged by the Federal Government in its rather very optimistic targets set in the national economic plan, Uraan Pakistan.
Pakistan’s Information Technology (IT) exports had reached the level of $ 317 million in April 2025 marking a 2 % year-on-year increase, according to the latest data available from the IT sector sources.
While the figures represented a 7% decline as compared to the previous month of March 2025, however, it still remained above the average monthly export value of $ 314 million over the past year.
For the first 10 months of the outgoing financial year 2024-25, the country’s IT exports totalled $ 3.1 billion showing an appreciable 21 % increase as compared to the corresponding period of the last year.
Several factors which had contributed to this growth included an expanded clientage in the key markets like the Gulf Cooperation Council (GCC) region, back at home regulatory changes by the State Bank of Pakistan also played an important role in this regard.
The Central Bank had increased the permissible retention limit in the Exporters’ Specialized Foreign Currency Accounts from 35 per cent to 50 percent, allowing equity investment abroad using the funds from these accounts and the relative stability of the Pakistan’s rupee also duly encouraged the exporters to repatriate a larger share of their earnings.
