Pakistan earned US$426.070 million by providing IT related services to other countries during the first two months of the current Fiscal Year 2022-23 compared with US$419.980 million earned during the corresponding period of the Fiscal Year 2021-22, showing a growth of 1.45 percent, reports WealthPK.

According to the Pakistan Bureau of Statistics (PBS), during July-August (2022-23), the exports of computer services grew by 10.10 percent from US$312.620 million last fiscal year to US$344.190 million this year.

Among the computer services, the exports of software consultancy services witnessed an increase of 7.20 percent from US$113.566 million to US$121.740 million, while the exports of hardware consultancy services dipped by 36.31 percent from US$0.515 million to US$0.328 million.

The exports and imports of services related to computer software surged by 31.24 percent from US$73.552 million to US$96.529 million, while the exports of repair and maintenance services decreased to US$0.187 million from US$0.192 million.

In addition, the exports of other computer services witnessed a nominal increase of 0.49 percent from US$124.795 million to US$125.406 million.

Meanwhile, the exports of information services during the period under review declined by 32.67 percent from US$1.010 million to US$0.680 million.

Among the information services, the exports of news agency services decreased by 39.50 percent from US$0.757 million to US$0.458 million whereas the exports of other information services also decreased by 12.25 percent from US$0.253 million to US$0.222 million.

The exports of telecommunication services also witnessed a decrease of 23.65 percent, as it went down from US$106.350 million to US$81.200 million during the months under review, the PBS data revealed.

Among the telecommunication services, the exports of call centre services increased by 28.49 percent during the period from US$27.058 million to US$34.766 million, whereas the exports of other telecommunication services decreased by 41.44 percent from US$79.292 million to US$46.434 million during the period under review.

Credit : Independent News Pakistan-WealthPk