Pakistan’s IT sector achieved record exports of $38.6 million in October, marking its first time crossing this milestone. Exports rose 17% year-on-year and 5.5% from September. The sector’s growth reflects rising global demand and improved domestic policies.
State Bank of Pakistan data shows IT exports in the first four months of FY2025-26 reached $140 million. This figure is 20% higher than the same period last year. Analysts attribute the surge to favorable policies and stable currency rates, boosting confidence among IT exporters.
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Experts noted that increasing the foreign currency account limit from 35% to 50% encouraged exporters to remit earnings, directly supporting export growth. Additionally, improved rupee stability and regulatory reforms have helped Pakistani IT companies expand overseas contracts.
The growth underscores the IT sector’s increasing contribution to the national economy. Pakistan’s software development, freelancing, and tech services are gaining international recognition, attracting new clients and long-term projects from abroad.
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With continued investment and supportive policies, Pakistan’s IT sector is expected to sustain its growth momentum. Industry stakeholders emphasize the need for infrastructure upgrades, skilled workforce development, and streamlined export procedures to maintain this trajectory.