Pakistan’s IT sector shines as freelancers bring in $400m during Jul–Mar FY25

News Image

MG News | June 10, 2025 at 12:06 PM GMT+05:00

0:00

June 10, 2025 (MLN): Pakistan’s Information Technology and Telecommunication sector recorded a significant performance in FY2025, with freelancers alone contributing $400 million in remittances during July–March.

Overall, IT exports surged to $2.825 billion, reflecting a robust 23.7% year-on-year increase, while the sector achieved a trade surplus of $2.429bn, the highest among all services.

According to the Pakistan Economic Survey 2024–25, Pakistan has become the second-largest provider of digital labor globally, with strengths across software development, clerical support, creative services, and more.

Over 4.55m trainings have been conducted under DigiSkills.pk, empowering a broad freelance community, including over 50,000 overseas Pakistanis and generating $1.65bn in cumulative earnings up to December 2024.

Recognizing this momentum, the government has prioritized IT as a core pillar of economic transformation through the E-Pakistan vision under URAAN.

With 30,000 registered IT & ITeS companies and major hubs in Karachi, Lahore, and Islamabad/Rawalpindi, the industry continues to attract top-tier global clients and FDI.

To sustain this trajectory, initiatives such as the establishment of 50 new e-Rozgaar centers and the training of over 6,400 professionals in advanced technologies have been launched.

Strategic marketing under the TechdestiNation campaign aims to boost annual exports to $15bn.

Telecom infrastructure also expanded significantly, reaching 147.2m broadband subscribers and 199.9m total telecom users by March 2025.


Telecom revenues stood at Rs803bn, while data usage hit 27,897 petabytes—underpinning the nation’s digital connectivity drive.

With collaborative platforms like the China-Pakistan JWG-IT and targeted investments in AI, cybersecurity, and quantum computing, the sector is set to remain a cornerstone of Pakistan’s transition to a knowledge-based, export-driven economy.

 Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 188,202.86
341.59M
-0.20%
-384.80
ALLSHR 112,423.22
745.46M
-0.07%
-79.96
KSE30 57,956.48
141.89M
-0.12%
-70.41
KMI30 267,375.33
135.18M
-0.39%
-1043.48
KMIALLSHR 72,363.20
391.84M
-0.20%
-146.78
BKTi 53,485.97
53.11M
0.26%
139.85
OGTi 38,916.61
17.01M
0.72%
278.13
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 89,300.00 89,545.00
87,210.00
1715.00
1.96%
BRENT CRUDE 67.57 67.78
65.00
1.98
3.02%
RICHARDS BAY COAL MONTHLY 86.75 0.00
0.00
-2.65
-2.96%
ROTTERDAM COAL MONTHLY 99.00 0.00
0.00
0.30
0.30%
USD RBD PALM OLEIN 1,071.50 1,071.50
1,071.50
0.00
0.00%
CRUDE OIL - WTI 62.48 62.63
60.14
1.85
3.05%
SUGAR #11 WORLD 14.83 15.01
14.74
0.04
0.27%

Chart of the Day


Latest News
January 27, 2026 at 05:43 PM GMT+05:00

Pakistan economy enters the acceleration phase


January 27, 2026 at 04:59 PM GMT+05:00

ISL triples profit to Rs1.6bn in H1FY26


January 27, 2026 at 04:34 PM GMT+05:00

Sazgar 6MFY26 profit up 27%, declares Rs15 dividend


January 27, 2026 at 04:28 PM GMT+05:00

Fauji Foods profit surges 76% to over Rs1bn


January 27, 2026 at 04:22 PM GMT+05:00

PSX Closing Bell: Pause for the Bulls



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg