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Pakistan IT Exports Reach $423 Million in April, Second Straight Month Above $400 Million

Analysts now see full-year receipts near $4.5 billion despite a $5 billion target.

Overview

  • State Bank data released Monday put April receipts at $423 million, up 33% from a year ago and 2% from March.
  • Cumulative exports for July to April rose to about $3.81 billion, a 21% increase from the same period last year.
  • Freelancer earnings climbed 51% to $856.3 million in July to March, and the freelancers’ association said inflows could top $1 billion this fiscal year.
  • The government expanded spectrum by 480 megahertz after a recent auction, which officials say will raise 4G speeds and begin phased 5G service in provincial capitals.
  • Industry voices and a Topline Securities analyst expect FY26 exports to land near $4.5 billion, with recurring internet outages cited as a brake on faster growth.