Pakistan exports record $1B mostly IT services in two months.

[Flight of falcon]

Excellent news ….. hope this trend continues .

Services exports up 54pc to $1bn in first two months of FY22

Imports increased by 31.42pc to $1.627bn.

www.dawn.com

 

[ziaulislam]

Excellent news ….. hope this trend continues .

Services exports up 54pc to $1bn in first two months of FY22

Imports increased by 31.42pc to $1.627bn.

www.dawn.com

Basically you will end up with 33b remittances, 31b exports and 7 billion export in services

Thats twice as of PMLN 2017 numbers in less then 4 years during global crisis

But IK shit cleaning is still slow per pakistanis

 

[Norwegian]

But IK shit cleaning is still slow per pakistanis

Nashukri Nalaiq Qaum

 

[Flight of falcon]

Basically you will end up with 33b remittances, 31b exports and 7 billion export in services

Thats twice as of PMLN 2017 numbers in less then 4 years during global crisis

But IK shit cleaning is still slow per pakistanis

May be you should pay attention :
31 + 7 = 38 bro

 

[Jungibaaz]

Really solid growth, even compared to the yearly figure.

 

[ziaulislam]

May be you should pay attention :
31 + 7 = 38 bro

Exports of good
Exports of services
Remittances
Foreign direct investmnent
Low cost inflows

Vs

Imports of goods
Imports of services
Debt servcing
Debt repayment
Outflows on investment

 

[Muhammad Saftain Anjum]

Excellent news ….. hope this trend continues .

Services exports up 54pc to $1bn in first two months of FY22

Imports increased by 31.42pc to $1.627bn.

www.dawn.com

This year,our IT exports should exceed 3.5 Billion US dollar.Last year ,our IT exports were near $2.4Billion.

 

[Verve]

Really solid growth, even compared to the yearly figure.

Fake news ... all good news during PTI gov is fake.

 

[Oracle]

Fake news ... all good news during PTI gov is fake.

wtf it has to do with PTI ?
did they opened any IT park ?
helped any IT sector ?
provide any tax exemptions to private sector?
PTI is just eating fruits of seeds which last govt bowed.
during pandamic , most of work is being done from home , so its easy for western companies to ask it online / to Pakistan/india /bangladesh. and world is opening after pandamic and work is increasing, this is what is showing it as IT export.

IT sector is compromise of some sofatware houses and software delivery. Not a single effing company has RND center in pakistan but every company has in india.

 

[American Pakistani]

Good, and this is what I've been saying for a while. There is so much potential for exporting in today's world of internet. A country of 220 million can easily do wonders. Especially a student with some inter level college education can easily earn halal income in free time by having few IT know how and this can be done by you tube or some other online research.

Not saying it will run your house, but at least it will bring in some extra side income which will definitely help them and the country as whole.

 

[Cash GK]

wtf it has to do with PTI ?
did they opened any IT park ?
helped any IT sector ?
provide any tax exemptions to private sector?
PTI is just eating fruits of seeds which last govt bowed.
during pandamic , most of work is being done from home , so its easy for western companies to ask it online / to Pakistan/india /bangladesh. and world is opening after pandamic and work is increasing, this is what is showing it as IT export.

IT sector is compromise of some sofatware houses and software delivery. Not a single effing company has RND center in pakistan but every company has in india.

Oky genius. You are living in Pakistan which was funded by Muhammad ali janh.let me know if you founded the Pakistan

 

[Steppe Wolff]

Excellent news ….. hope this trend continues .

Services exports up 54pc to $1bn in first two months of FY22

Imports increased by 31.42pc to $1.627bn.

www.dawn.com

Excellent News. Insha'Allah this trend will continue.
Pakistan has a huge IT potential and many universities are churning out excellent graduates like my alma mater FAST NU.
With favourable govt policies and our huge workforce, we can easily become an IT Hub.

 

[Jungibaaz]

Fake news ... all good news during PTI gov is fake.

I'm not a partisan sycophant like you. I recognise both positives and negatives as i seem them

 

[Menace2Society]

Aim should be $50 billion a year in IT exports within 5 years.

 

[Jungibaaz]

Aim should be $50 billion a year in IT exports within 5 years.

I don't see that as a fair or realistic target, it's worth more than all of exports combined. Plus, it begs the question what policies and initiatives need to be implemented to help us cross the 10bn mark? I read a paper a very long time ago that said that Pakistan's IT exports, the vast majority were primarily low-tech production, and not high or medium tech exports. I wonder what the composition is now? Countries low on the IT export ladder usually start with the low-hanging fruits of export success, like outsourcing and "bodyshopping".

The IT export efforts that have been successful in other countries have been very long-term, they take decades to build up. Most countries who are considered second-tier exporters of software, started off as fledgling exporters like us, then first tier and low-tech, then large companies and int'l MNCs eventually either developed locally or set up significant operations in those countries.

I'm really not so knowledgeable in these matters, but some serious analysis of Pakistan's standing, the success of other countries, and a roadmap with realistic targets would be a great start.