ICT exports up 29pc in 10 months

Published in DAWN on May 21, 2022

ISLAMABAD: Infor­mation and Communication Technology (ICT) exports rose by 29.29 per cent to $2.198 billion during the first 10 months of this year from $1.7bn over the corresponding period last year.

According to a statement issued the Ministry of Information Technology, the ICT exports, including telecommunication, computer and information services, are expected to see further growth in the coming months.

In April this year, the ICT export proceeds stood at $249 million, a growth 29.02pc, compared to $193m recorded during the same month last year.

However, the export proceeds saw a decline of $11m during the month under review when compared with the previous month’s $260m.

The net exports during the July-April period of FY22 stood at $1.665bn, which is 75.75pc of $2.198bn in ICT exports. During the same period last year, the net exports were $1.274bn, which was 74.94pc of $1.7bn in ICT exports.

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