In Islamabad, IT Minister Shaza Fatima Khawaja announced that Pakistan’s ICT exports reached a record $4.6 billion for the fiscal year 2025‑26, which concluded in June, representing a 21 percent rise over the previous fiscal year.
Monthly ICT exports amounted to $416 million in June, reflecting a 23 percent increase from June 2025, and the government reported an ICT trade surplus of $3.9 billion, up 18 percent compared with FY2024‑25.
These figures highlight the swift expansion of Pakistan’s technology sector, now the nation’s largest services exporter and a vital source of foreign exchange, as Islamabad aims to diversify its export base beyond traditional industries like textiles.
This growth is driven by increasing global demand for software development, business process outsourcing, and other digital services, coupled with government initiatives to promote technology exports and attract investment.
“This achievement reflects the collective efforts of our freelancers, startups, IT companies, and the Pakistani government’s investments in creating an environment conducive to sustainable development,” Khawaja posted on X.
The rise was propelled by strong performance across software development, business process outsourcing, the gaming industry, and Software‑as‑a‑Service (SaaS), a subscription‑based model that delivers software over the internet rather than selling downloadable programs, according to Pakistani state media.
Pakistani technology firms also boosted export earnings by expanding access to Asia‑Pacific markets such as Japan and Singapore.
The expansion into the Asia‑Pacific region marks a diversification of Pakistan’s tech exports beyond traditional markets in North America, Europe, and the Gulf, as local firms seek new customers for software, outsourcing, and other digital services.
The South Asian country aims to stabilize its economy under a $7 billion International Monetary Fund (IMF) program by concentrating on export growth and attracting investment.
Also Read
- Mount Olympus Seeks UNESCO World Heritage Status, Blending Mythology with Biodiversity
- Sao Tome and Principe Navigates Great-Power Competition as National Elections Approach
- Ukrainian Drone Strike Targets Moscow Logistics Hub, Rural Areas Hit OvernightA Ukrainian drone strike on a logistics facility in western Russia resulted in at least seven fatalities and 24 injuries, with regional officials confirming attacks on both urban distribution centers and rural infrastructure overnight.Kyiv has consistently justified its targeting of Russian logistics networks as a strategic countermeasure to Moscow’s sustained aerial bombardments of Ukrainian territory over the past four years.”Seven night-shift workers were killed when enemy UAVs struck a Wildberries fulfillment center” in the Tambov region, announced Governor Evgeny Pervyshov during a public briefing.Emergency responders reported 24 casualties in the attack on the town of Kotovsk, while firefighters continue operating at two separate incident sites across the Moscow oblast region.Read moreEU seals deal with Ukraine to scale up drone productionRussian authorities confirmed over 370 drone incursions targeting the Moscow region during nighttime operations, with defense systems successfully intercepting most before reaching critical infrastructure zones.”Air defense units neutralized 64 UAVs during their approach trajectory,” stated Capital Mayor Sergei Sobyanin via the MAX media platform, noting sustained aerial assaults persisted overnight.Diplomatic initiatives mediated by the United States to broker a ceasefire have encountered renewed obstacles, as Washington reorients strategic priorities toward regional tensions with Iran.(FRANCE 24 with AFP)
- Kolkata Fans Rally Behind Messi Amid World Cup Surge


