Pakistan’s IT sector is experiencing a significant boom, with March 2024 marking a milestone in export growth.

The Special Investment Facilitation Council (SIFC) has played a crucial role in fostering this expansion. March saw IT exports soar to a record $306 million, contributing to the sector’s overall performance.

Over the first nine months of the fiscal year, IT exports totaled $2.28 billion, highlighting the sector’s robustness.

The Ministry of Finance anticipates further growth, projecting IT exports to reach $3.5 billion by the fiscal year’s end.

This bullish outlook reflects the government’s commitment to promoting and facilitating investment in key sectors like IT and telecom. With concerted efforts and supportive policies, Pakistan’s IT industry is poised for sustained growth and global competitiveness.