ICT export remittances jump by 29.3% to $2.2bn in 10MFY22

MG News | May 21, 2022 at 12:20 AM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

May 20, 2022 (MLN): ICT Export Remittances including Telecommunication, Computer and Information Services for the period July 2021 to April 2022, have surged to $2.2billion at a growth rate of 29.29 % in comparison to $1.7 billion during the same period in FY 2020-21.

According to the Ministry of Information Technology and Telecommunication data, in April 2022, the ICT export remittances are $249 million at a growth rate of 29% when compared to $193 million reported for the month of April 2021.

However, in comparison to export remittances of $260 million in March 2022, the remittances in April 2022 are lower by $11 million.

The net exports for the period July 2021 to April 2022 during FY22 are $1.665 billion which is 75.75% of $2.198 billion in exports. Last year, for the same period the net exports were $1.274 billion which was 74.9% of $1.7 billion in ICT exports.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	182,241.78 412.98M	0.54% 982.10
ALLSHR	110,583.67 943.78M	0.59% 653.91
KSE30	54,431.71 88.75M	0.62% 333.09
KMI30	256,914.21 109.86M	0.51% 1306.68
KMIALLSHR	71,041.31 586.34M	0.56% 392.65
BKTi	51,712.76 42.20M	1.08% 554.64
OGTi	36,659.58 6.31M	0.32% 116.76

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	64,125.00	64,680.00 63,995.00	40.00 0.06%
BRENT CRUDE	75.22	77.52 75.22	-1.08 -1.42%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-2.20 -2.04%
ROTTERDAM COAL MONTHLY	118.00	118.00 117.60	-1.20 -1.01%
USD RBD PALM OLEIN	1,135.00	1,135.00 1,135.00	0.00 0.00%
CRUDE OIL - WTI	71.51	73.16 70.77	-0.57 -0.79%
SUGAR #11 WORLD	14.86	15.14 14.71	-0.26 -1.72%