ICT & Telecom Services exports maintain growth, surge 38% YoY during 7MFY21

MG News | February 25, 2021 at 04:36 PM GMT+05:00

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February 25, 2021 (MLN): The exports of ICT &Telecom Services have grown by 38% YoY to USD1.119 billion during July-Jan FY21 compared to USD 811 million in the corresponding period last year.

This was informed by Adviser to Prime Minister of Pakistan for Commerce and Investment, Abdul Razak Dawood via his official Twitter account on Thursday.

In the month of January alone, these exports surged by 26% YoY to USD 161 million as compared to USD 128 million in the same month a year ago.

“These exports now constitute a third of our total export of services, and therefore, are of strategic importance to us,” he said. He further anticipated that these exports would cross USD 2 billion by the end of this year.

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