Pakistan’s digital economy is entering a golden era as the country’s IT exports, driven by effective policies and facilitation by the Securities and Exchange Commission of Pakistan (SECP), have a set new record.
According to the State Bank of Pakistan (SBP), IT exports increased by 19 percent during the first five months of the current fiscal year, with the total volume from July to November reaching a whopping $1.8 billion.
November alone accounted for $356 million, underscoring the sector’s rapid expansion.
According to officials, SECP’s facilitation and strategic actions have increased confidence among global investors, allowing the IT sector to grow more quickly.
Experts highlight that the increase in IT exports is important for employment, digital sovereignty and overall economic stability in addition to being a significant source of valuable foreign exchange.
The rise positions Pakistan as a competitive player in the global digital economy, signaling long-term benefits for national development and investor confidence.