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Business

Web Desk
September 16, 2018
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Pakistan IT exports create history

Business

Web Desk
Sun, Sep, 18

ISLAMABAD: Pakistan's IT exports crossed   $ 1 billion during the fiscal year that ended in June, according to Geo News on Sunday.

According to the State Bank of Pakistan, country's IT exports soared to $  1.06 billion dollar during the last fiscal year which according to experts were limited to 400 million dollars annually.

Geo News reported that Information Technology has become a significant part of Pakistani exports with its potential to generate revenue.

Pakistan's  current account deficit, a broad measure of imbalance between imports and exports, has soared to 18 billion dollars.  

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