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IT exports to touch $5bn mark in next fiscal year, says Aminul Haq

by News Desk
May 23, 2022
in Business, Economy, Finance, Main
Reading Time: 1 min read
IT exports to touch $5bn mark in next fiscal year, says Aminul Haq
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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.

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.

Tags: Aminul HaqIT exportslatest
News Desk

News Desk

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