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IT-driven export of services rises 14pc

IT-driven export of services rises 14pc

ISLAMABAD: Services exports rose 13.43 per cent to $688.95 million in October against $607.37m in the corresponding month last year.

The growth has returned since February this year mainly due to increased information technology exports, except in August, which saw a 6.5pc decrease.

In rupee terms, the exports improved by 12.34pc to Rs191.3 billion in October against Rs170.281bn in the same month last year, according to data issued by the Pakistan Bureau of Statistics on Wednesday.

Services exports rose 7.91pc to $2.60bn in July-October FY25 against $2.41bn in the same period last year.