IT Exports see a surge of 58%

As reported by Profit by Pakistan Today which quoted the data shared in a report from Arif Habib Limited, the Information technology (IT) exports of the country touched $213 million in March 2021.

The report also reveals:

• Export of  $1.512 billion worth of Technology products during the first nine months of fiscal year 2020-21
• Contributing 35 percent to the overall services exports
• Reporting a 44 percent year-on-year jump

As per some analysts the credit of rise in tech exports fairly goes to Government of Pakistan’s efforts of offering tax credit of around 80 percent of export revenue.

Given the global challenges faced by different countries due to COVID, such developments come as a ray of hope for a prosperous Digital Pakistan.