Islamabad : ICT export remittances have surged by US$ 339 million (17.44%) to US$ 2.283 billion during July 2023 to March 2024 of FY2023-24 in comparison to US$ 1.944 billion reported for the same period last year.
Efforts of Ministry of IT and Telecommunication and Pakistan Software Export Board (PSEB) in close coordination with Special Investment Facilitation Council (SIFC) for accelerated international business development and improving ease of doing business environment has enhanced IT & ITeS exports and resulted in building IT Industry’s confidence.
In the month of March, 2024 ICT services export remittances surged to US$ 306 million, an astounding increase of 36% in comparison to US$ 225 million in March 2023.
In comparison to previous month of February 2024, ICT services export remittances have increased by US$ 49 million (19.1% growth) in March 2024.
