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Pakistan earns $161 mln from IT services’ export during July 2020

ISLAMABAD: Pakistan earned US $161.980 million by providing different information technology (IT) services in various countries during the first month of ongoing financial year 2020-21.

This shows growth of 40.90 percent when compared to US $ 114.960 million earned through provision of services during the corresponding period of last fiscal year 2019-20, Pakistan Bureau of Statistics (PBS) reported.

During the month under review, the computer services grew by 35.11 percent as it surged from US $90.070 million last year to US $121.690 million during July 2020.

Among the computer services, the exports of software consultancy services witnessed increase of 13.48 percent, from US $34.036 million to US $38.623 million while the export of hardware consultancy services however witnessed decrease of 82.70 percent, from US $0.237 million to US $0.041 million.

The export of repair and maintenance services also decline by 84.19 percent from US $0.329 million to US $0.052 million whereas the export and imports of computer software services witnessed increase of 8.80 percent, from $30.618 million to $33.311 million.

In addition the exports of other computer services rose by 99.85 percent from US $24.850 million to US $49.663 million.

Meanwhile, the export of information services during the month under review increased by 161.54 percent by going up from US $0.130 million to US $0.340 million.

Among the information services, the exports of information related services also increased by 194.64 percent, from US $0.056 million to US $0.165 million whereas the exports of other information services also rose by 136.49 percent, from US $0.074 million to US $0.175 million.

The export of telecommunication services increased by 61.35 percent as these went up from US $24.760 million to US $30.950 million, the data revealed.

Among the telecommunication services, the export of call centres services increased by 25.80 percent during the month as its exports increased from US $8.499 million to US $10.692 million whereas the export of other telecommunication services also increased by 79.93 percent, from US $16.261 million to US $29.258 million during last year, the PBS data revealed.

M M Alam

M. M. Alam is a Pakistan-based working journalist since 1981. Karachi University faculty gold medalist Alam began his career four decades ago by writing for Dawn, Pakistan’s highest circulating English daily. He has worked for region’s leading publications, global aviation periodicals including Rotors (of USA) and vetted New York Times as permanent employee of daily Express Tribune. Alam regularly covers international aviation and defense-related events including Salon Du Bourget (France), Farnborough (United Kingdom), Dubai (UAE). Alam has reported thousands of events and interviewed hundreds of people in Pakistan, UAE, EU, UK and USA. Being Francophone Alam also coordinates with a number of French publications.