Pakistan’s IT and Telecom Sectors Show Strong Growth in FY 2024-25, Economic Survey Reveals

Pakistan’s Economic Survey 2024-25 reports strong growth in IT exports ($2.825B) and telecom revenues (Rs803B). Broadband and telecom subscriptions also surged. For FY 2025-26, ambitious trade targets aim to increase exports ($44.9B) and imports ($79.2B), while keeping the current account deficit low at 0.5% of GDP. Workers’ remittances are expected to remain a key economic pillar at $39.4B. The federal budget is set at Rs17.6 trillion with significant tax collection goals.

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Pakistan Targets $4 Billion in IT Exports as Digital Transformation Gains Momentum

Pakistan’s IT sector is set to achieve $4 billion in exports this fiscal year, a 27% increase from the previous year. The Digital Direct Investment Forum highlighted the country’s growing digital economy, with significant pledges and investments. Minister Shaza Fatima Khawaja emphasized policies, youth talent, and partnerships to drive future growth.

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