{"id":9946,"date":"2025-06-09T15:04:14","date_gmt":"2025-06-09T15:04:14","guid":{"rendered":"https:\/\/ipp-news.com\/?p=9946"},"modified":"2025-06-09T15:04:14","modified_gmt":"2025-06-09T15:04:14","slug":"pakistans-it-sector-emerges-as-fastest-growing-industry","status":"publish","type":"post","link":"https:\/\/ipp-news.com\/?p=9946","title":{"rendered":"Pakistan&#8217;s IT sector emerges as fastest-growing industry"},"content":{"rendered":"<div>Pakistan\u2019s Information Technology (IT) sector has been declared one of the fastest-growing segments of the national economy, according to the National Economic Survey 2024-25 released on Monday.<\/p>\n<p>The report highlights an impressive 23.7% growth in IT exports, which surged to $2.825 billion during the fiscal year. In March 2025 alone, IT exports reached $342 million, registering a robust month-on-month growth of 12.1%.<\/p>\n<p>The IT services sector also posted the highest trade surplus of $2.4 billion, underscoring its growing role in the national economy. Freelancers contributed significantly, bringing in $400 million in foreign exchange.<\/p>\n<p>The country\u2019s startup ecosystem is showing signs of maturity, with more than 1,900 startups having completed training at National Incubation Centers.<\/p>\n<p>Also Read: Finance minister touts recovery, reforms in Economic Survey 2024\u201325<\/p>\n<p>In a noteworthy development for gender inclusion, over 12,000 women have been economically empowered through various tech and entrepreneurship programs.<\/p>\n<p>The telecom sector also posted strong performance, with revenues reaching Rs803 billion. The number of telecom users in the country climbed to 199.9 million, with a teledensity rate of 81.3%. The sector contributed Rs271 billion to the national exchequer during the fiscal year.<\/p>\n<p>To bolster digital growth and cybersecurity, a Pakistan-China IT Working Group has been formed, signaling increasing international cooperation in technology.<\/p>\n<p>The survey concludes that IT remains a major contributor to Pakistan\u2019s export growth, with rising global demand for Pakistani software products driving momentum in the sector.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Pakistan\u2019s Information Technology (IT) sector has been declared one of the fastest-growing segments of the national economy, according to the National Economic Survey 2024-25 released on Monday. The report highlights an impressive 23.7% growth in IT exports, which surged to $2.825 billion during the fiscal year. In March 2025 alone, IT exports reached $342 million, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-9946","post","type-post","status-publish","format-standard","hentry","category-english-news"],"_links":{"self":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts\/9946","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9946"}],"version-history":[{"count":0,"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts\/9946\/revisions"}],"wp:attachment":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9946"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9946"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9946"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}