Pakistan’s IT exports have achieved a new milestone in the fiscal year 2024-25. The country earned a record-breaking $3.809 billion, marking an impressive increase of $586 million from the previous year.
This development was shared with the Senate Standing Committee on Information Technology and Telecommunication during a detailed session held on Thursday. The meeting was chaired by Senator Palwasha Khan, who received a comprehensive update from the Pakistan Software Export Board (PSEB).
According to PSEB officials, the growth rate in IT exports reached 18%, compared to last year’s earnings of $3.223 billion. Despite global financial challenges, Pakistan’s tech sector showed solid resilience and continued expansion.
June 2025 was particularly notable. During that month alone, the country earned $338 million through ICT service exports—the highest monthly figure ever recorded. This performance set a new benchmark for digital remittances.
The committee was also informed about a rising trend in business activity within the tech space. In the same fiscal year, over 22,000 new companies were officially registered. Among them, 14,890 were IT firms, and 7,400 were call centres.
Officials said this spike in registrations signals the sector’s growing strength. More and more entrepreneurs are stepping into areas like software development, digital support, and technology-based services. The boom reflects a high level of energy and interest in the country’s innovation ecosystem.
“This kind of growth shows the increasing contribution of IT and digital services to our national economy,” a PSEB official told the committee. The surge in IT exports also confirms the potential of the technology sector to lead future economic growth.
Senator Palwasha Khan praised the board’s performance. She also highlighted the importance of policy stability. According to her, stronger investment in digital infrastructure, especially in far-flung areas, is vital for balanced and inclusive development.
The committee further explored ways to support new businesses. Key discussions included easing regulations, improving export facilitation, and boosting skill development for the local workforce involved in the IT export industry.
