ISLAMABAD: Pakistan recorded the highest-ever monthly IT exports of $306 million in March, posting a 37 per cent rise over the corresponding month last year.

The official data showed that the IT exports grew 19pc over the preceding month.

The previous highest monthly export number was $303m in December 2023, and the industry players have attributed this surge to conducive government policies.

Zohaib Khan, chairman P@SHA, the association of software houses and IT service providers, said the export figure reflects the amount remitted from the services provided to international clients.

“The IT exports is not a tangible item than can be measured in weight, length or number,” Mr Khan said and added that the exports have been on the rise, but due to some government policies, the software houses and technology companies have been parking payments received from the clients abroad. “We see a clear support for the IT sector by the government and mainly by the Special Investment Facilitation Council (SIFC), more IT service exporters will bring their money back as the confidence level is increasing,” the chairman P@SHA added.

Published in Dawn, April 23nd, 2024

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

The next deluge
Updated 16 Jul, 2025

The next deluge

Pakistan, and others vulnerable to climatic extremes, must heed the warning before the next deluge arrives — because it surely will.
FC revamp
16 Jul, 2025

FC revamp

WHAT’S in a name? The civilian paramilitary force hitherto known as the Frontier Constabulary will continue to...
Simplified tax forms
16 Jul, 2025

Simplified tax forms

THE rollout of a new interactive tax return form should ease filing by simplifying the procedure, addressing a...
Consolidating gains
Updated 15 Jul, 2025

Consolidating gains

It would not be incorrect to say that the economy is still just a shock away from relapsing into another crisis.
Second thoughts
15 Jul, 2025

Second thoughts

AND, just like that, the PTI’s ill-timed ‘Second Pakistan Movement’ seems to have been put to rest. The...
Wounded women
15 Jul, 2025

Wounded women

MORALITY is a woman’s burden to bear, and the chilling upsurge in gender-based crimes is a reminder of how...