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Pakistan’s IT Export Receipts Slip to $365 Million in February as Growth Target Comes Under Strain

Industry leaders cite conflict-driven weakness in GCC plus US demand as the key drag.

Overview

  • State Bank of Pakistan data show February IT receipts at $365 million, extending a three-month decline.
  • July–February inflows reached $2.97 billion, a 19.6% year-on-year increase despite recent monthly softness.
  • Analysts caution the $5 billion FY2025–26 goal may be missed, with exports tracking near $4.5 billion if current averages hold.
  • Exporters report regional conflict has cut orders from Gulf clients and disrupted air travel that influences outsourcing decisions.
  • Industry figures urge pivoting to South East Asia and African markets, leveraging freelancing platforms, and accelerating training in cybersecurity and AI.