Pakistan IT exports cross record $435m during 1H of FY26

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2026-01-20T11:41:55+05:00 News Desk

Pakistan’s IT sector maintained sustainable export growth and recorded its highest-ever monthly exports of over $435 million for the first time, reported 24NewsHD TV channel on Tuesday.

The growth was supported by a record monthly performance in December 2025, when IT exports reached an all-time high of $437 million, up 26% year-on-year and 23% month-on-month.

The December figure exceeded the 12-month average of $341 million, reflecting a seasonal year-end rise in export activity.

Average daily export proceeds increased to $19.9 million in December, compared with $17.8 million in November, taking momentum into the second half of the fiscal year.

The year-on-year increase was driven by the expansion of IT firms’ global client base, particularly in Gulf markets, alongside regulatory measures introduced by the State Bank of Pakistan.

These included raising the retention limit in Exporters’ Specialized Foreign Currency Accounts to 50%, allowing equity investment abroad through these accounts, and encouraging exchange rate stability and higher profit repatriation.

Net IT exports stood at $377 million in December, marking a 70% increase year-on-year and a 22% rise from November, and remaining above the 12-month average of $298 million.

It should be noted that the IT sector is among the priority sectors of SIFC, for the promotion of which the Ministry of IT and Telecom, in collaboration with SIFC, is taking rapid steps.

MoUs worth $750 million in international investment in the IT and telecom sector were signed at the recently held ITCN Asia exhibition.

All this progress is a reflection of the strong cooperation and effective policies of the government, the Federal Ministry of Information Technology, and SIFC.

Reporter: Ahmad Mansoor

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