IT exports to touch $5bn mark in next fiscal year, says Aminul Haq
Federal Minister for Information Technology and Telecommunication Aminul Haq has said that Pakistan’s IT exports would touch $3 billion mark in the current year while $5bn target was fixed for the next year.
Speaking at the inauguration of a National Incubation Centre (NIC) here on Saturday evening, he said an investment target of Rs600m was fixed for the IT sector which had attracted $75m investment in fiscal 2019-20.
Pointing out that IT exports were increasing rapidly, he said that in 2019-20, they stood at $1.4bn which would rise in 2021-22.
Advertisement
He added that around 47.4pc increase was recorded in IT exports and by June 30, $3bn mark would be touched. That figure would touch $5bn mark next year, he added.
Related stories
EconomyKP Governor Highlights Province's Untapped Mineral Wealth for National Growth
· 4 min read
EconomyTop 10 Countries Sending Remittances to Pakistan in 2026
· 7 min read
EconomyThe Private Sector's Growing Role in Driving Economic Progress
· 3 min read
Economy