Export of IT services earns over $406 mln.

ISLAMABAD -- Pakistan earned $406.810 million by providing different information technology (IT) services in various countries during the first four months of current financial year 2019-20.

This shows growth of 14.92 percent when compared to $353.980 million earned through provision of services during the corresponding period of fiscal year 2018-19, Pakistan Bureau of Statistics (PBS) reported.

During the period under review, the computer services grew by 20.13 percent, from $254.240 million last year to $305.430 million during July-October (2019-20).

Among the computer services, the exports of software consultancy services witnessed increase of 14.74 percent, from $113.231 million to $129.923 million while the export and import of computer software related services witness nominal increase of 2.29 percent, from $97.275 million to $99.500 million.

The exports of hardware consultancy services witnessed decrease of 28.36 from, $0.617 million to $0.442 million whereas the exports of maintenance and repair of computer services decreased by 68.48, from $2.408 million to $0.759 million.

Meanwhile, the export of information services during the period under...