Business
December 24, 2020
ISLAMABAD: Exports of information technology and related services surged around 39 percent during the first five months of the current fiscal year, ministry of commerce said on Wednesday.
In November, IT and IT-related services exports increased 51 percent year-on-year, this was informed during a consultative meeting of the Adviser to the Prime Minister on Commerce and Investment Razak Dawood with the ministry of commerce.
“Ministry of commerce is actively engaging in a dialogue with the stakeholders of the IT sector for promotion of the IT sector exports,” the ministry said in a statement.
“Pakistan is the new destination for startups venture capital as youth are engaged in entrepreneurship and geared to find innovative solutions. Growth in domestic market will further ramp up exports in the coming quarters.”