Pakistan earned over $892m from IT services’ export in 4 months: PBS
ISLAMABAD: Pakistan earned US $892.972 million by providing different Information Technology (IT) services to various countries during the first four months of the current fiscal year 2023-24. This shows a growth of 4.45 per cent as compared with the US $854.918 million earned through the provision of services during the corresponding months of the last fiscal year 2022-23, the Pakistan Bureau of Statistics (PBS) reported. During the months under review, the export of computer services grew by 4.81 per cent as it surged from US $688.078 million last year to US $721.162 million during July-October 2023. Among the computer services, the exports of software consultancy services witnessed an increase of 93.76 per cent, from US $1.009 million to US $1.955 million this year while the export of hardware consultancy services also surged by 1.13 per cent, from US $253.543 million to US $256.408 million. The export of repair and maintenance services increased by 3.16 per cent from US $0.443