MaktabaOne

According to the latest reports, Pakistan has earned $2,615.815 million by providing different information technology (IT) services in various countries during the twelve months of the fiscal year 2021-22. The IT Services Export has witnessed a tremendous rise this year.

The latest reports by the Pakistan Bureau of Statistics (PBS) revealed that the huge amount of $2615m shows a growth of 24.10 percent as compared to $2,107.800 million earned through provision of services during the corresponding period of the fiscal year 2020-21.

In the period of July-June (2021-22), the export of computer services grew by 26.40 percent as it surged from $1,666.310 million last fiscal year to $2,106.145 million this year.

If we talk about computer services, the exports of software consultancy services witnessed an increase of 43.43 percent, rising from $554.612 million to $795.480 million.

The exports of hardware consultancy services also rose by 429.58 percent, from $0.551 million to $2.918 million.