IT exports remittance increases by 2.38% in 1st half of 2022-23.

ISLAMABAD -- The Information Technology (IT) exports remittance including telecommunication, computer and information services during the six months (July to December) of the current fiscal year 2022-23 recorded US$1.333 billion growing by 2.38 percent in comparison to US$ 1.302 billion during the same period last year.

Despite persistent ease of doing business challenges, ICT export remittances of US$ 1.333 billion have been realized by the IT and ITeS Industry during the period July to December of FY2022-23, an increase of 2.38% in comparison to US$ 1.302 billion reported for the same period last year said the data shared by Ministry of Information Technology and telecommunication here on Saturday.

Trade surplus of US$ 1.166 billion (87.47% of total ICT export remittances) has been realized by the IT and...