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

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

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	162,419.86 311.98M	-0.54% -884.27
ALLSHR	99,010.69 848.41M	-0.37% -370.28
KSE30	49,504.76 117.58M	-0.68% -337.75
KMI30	236,333.78 71.65M	-0.74% -1770.39
KMIALLSHR	65,142.69 393.75M	-0.68% -448.26
BKTi	45,395.89 57.68M	-0.68% -309.40
OGTi	32,293.41 5.69M	-1.16% -377.82

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	115,200.00	116,570.00 113,495.00	4460.00 4.03%
BRENT CRUDE	65.28	66.64 65.06	-0.66 -1.00%
RICHARDS BAY COAL MONTHLY	80.50	0.00 0.00	-1.00 -1.23%
ROTTERDAM COAL MONTHLY	92.60	0.00 0.00	0.45 0.49%
USD RBD PALM OLEIN	1,082.50	1,082.50 1,082.50	0.00 0.00%
CRUDE OIL - WTI	60.86	62.17 60.67	-0.64 -1.04%
SUGAR #11 WORLD	14.90	15.04 14.87	-0.07 -0.47%