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IT Exports Increased 23.35% During The First Five Months of FY 2019-20: PSEB

Remittances from IT & IT-enabled services (ITes) exports have surged to $439.963 million at a growth rate of 23.35 % over the first five months of FY 2019-20 (July-November), compared to $356.687 million during same period in FY 2018-19, according to #Pakistan Software Export Board (#PSEB), an organization under Ministry of IT and Telecommunication.

The number of PSEB registered IT & ITes companies have increased to 2163 as of 30th December 2019 compared to 1873 valid registrations as of December 2018 at a growth rate of 15.5%.

On the directions of the Federal Minister for Information Technology and Telecommunication, special efforts are being taken by the Ministry of IT and Telecommunication to promote IT exports and encourage IT companies.

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