Pakistan’s digital economy continues to gain strength as IT exports set a new record during the first five months of the current fiscal year, reflecting growing global demand and improved policy support.
According to the State Bank of Pakistan, IT exports registered a 19% increase during the July–November period of the ongoing fiscal year. This rise underscores the steady expansion of Pakistan’s information technology sector and its increasing role in the national economy.
Official figures show that the total volume of IT exports reached $1.8 billion during the first five months of the fiscal year.
In November alone, IT exports stood at $356 million, marking one of the strongest monthly performances for the sector to date.
Policy support, SIFC role
Authorities attribute the rapid growth in IT exports to effective government policies and facilitation provided by the Special Investment Facilitation Council (SIFC).
These measures have not only accelerated sectoral growth but also helped restore the confidence of global investors in Pakistan’s digital and technology landscape.
Economic experts say the rising IT exports are a critical source of valuable foreign exchange for the country.
They add that the trend supports employment generation, strengthens digital independence, and contributes to long-term economic stability, positioning the IT sector as a key driver of Pakistan’s future growth.
