Business

ICT export remittances rise to $2.61b in Jul–Jan FY26

ISLAMABAD: Pakistan’s information and communication technology (ICT) sector recorded strong growth, with export remittances increasing by 19.78 per cent to $2.61 billion during July–January of fiscal year 2025–26.

During the same period last year, exports stood at $2.18 billion.

Official data released by the Ministry of Information Technology and Telecommunication showed that ICT services exports reached $374 million in January 2026. This was 19.5 per cent higher than $313 million recorded in January 2025. The steady monthly increase reflects continued global demand for Pakistan’s IT and IT-enabled services.

From July 2025 to January 2026, total ICT export remittances stood at $2.61 billion, making it the best-performing segment in the services sector. It performed better than all other services categories. “Other business services” ranked second, recording $1.21 billion during the same period.

Experts say the growth is driven by better internet connectivity, a rising number of freelancers, competitive pricing, and government support measures to promote exports.

The strong performance highlights the increasing importance of the ICT sector in Pakistan’s economy. Staff Report

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