{"id":26302,"date":"2024-02-18T17:52:16","date_gmt":"2024-02-18T12:52:16","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=26302"},"modified":"2024-02-18T17:52:16","modified_gmt":"2024-02-18T12:52:16","slug":"pakistans-it-exports-surge-reaching-1-45-billion-in-first-half-of-fy-2023-24","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/pakistan\/pakistans-it-exports-surge-reaching-1-45-billion-in-first-half-of-fy-2023-24\/","title":{"rendered":"Pakistan’s IT Exports Surge, Reaching $1.45 Billion in First Half of FY 2023-24"},"content":{"rendered":"

ISLAMABAD: In a positive development for Pakistan’s economy, the Pakistan Bureau of Statistics (PBS) has reported a significant increase in revenue generated from Information Technology (IT) services during the first six months of the current fiscal year 2023-24.<\/p>\n

According to PBS data, Pakistan earned a total of US $1,454.881 million by providing various IT services to different countries. This marks a notable growth of 8.98 per cent compared to the same period in the previous fiscal year, where earnings stood at US $1,334.969 million.<\/p>\n

The export of computer services saw a robust growth of 10.32 per cent, reaching US $1,174.481 million during July-December 2023-24. Particularly, the export of hardware consultancy services surged by 3.401 per cent, from US $391.570 million to US $404.875 million, while software consultancy services witnessed a nominal decrease.<\/p>\n

Despite some fluctuations, the export and import of computer software services increased by 2.79 per cent, demonstrating resilience in this segment. However, the export of repair and maintenance services experienced a decline of 39.15 per cent during the same period.<\/p>\n

Read more:\u00a0Pakistan aims to export $5 billion worth of smartphones by 2029<\/a><\/strong><\/em><\/p>\n

Moreover, while the export of information services saw a slight decrease of 19.72 per cent, some sub-categories within this segment experienced growth. Notably, information-related services increased by 3.64 per cent, while news agency services faced a decline.<\/p>\n

The data also revealed a positive trend in telecommunication services, with exports increasing by 3.89 per cent. Call center services, in particular, saw a substantial increase of 12.14 per cent, contributing to the overall growth in this sector.<\/p>\n","protected":false},"excerpt":{"rendered":"

ISLAMABAD: In a positive development for Pakistan’s economy, the Pakistan Bureau of Statistics (PBS) has reported a significant increase in revenue generated from Information Technology (IT) services during the first six months of the current fiscal year 2023-24. According to PBS data, Pakistan earned a total of US $1,454.881 million by providing various IT services […]<\/p>\n","protected":false},"author":8,"featured_media":26303,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,2],"tags":[10212,7021,12014,138,12013],"class_list":["post-26302","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-pakistan","tag-business","tag-export","tag-it-export","tag-pakistan","tag-pakistan-it-export"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/26302","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=26302"}],"version-history":[{"count":0,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/26302\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/26303"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=26302"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=26302"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=26302"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}