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Ministry envisions to earn $5 billion from IT exports by 2023

Ministry envisions to earn $5 billion from IT exports by 2023
Business
December 26, 2020
ISLAMABAD: With a vision to achieve $5 billion by 2023, Pakistanâs export remittances from information technology and IT enabled services (ITeS) surged 38.16 percent to $648.940 million during July-November of FY2020-21, compared to $469.713 million during July-November FY2019-20, a statement said on Friday.
This was the highest growth rate achieved by the IT sector since 2018, when growth rate for the corresponding period was just 13 percent, the statement added.
Lauding the latest exports performance of the industry, Minister for IT and Telecommunication Syed Amin Ul Haque said the initiative for bringing the IT companies from secondary and tertiary cities into mainstream was well underway for ensuring holistic growth. ....

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