- Export of telecom, computer, info services register 43.61pc growth in 9 months of FY20-21
Export Of Telecom, Computer, Info Services Register 43.61pc Growth In 9 Months Of FY20-21
Umer Jamshaid 11 days ago Tue 08th June 2021 | 07:48 PM
Export of Telecommunication, Computer and Information services in the first three quarters of fiscal year 2020-21 reached at $ 1,512.13 million representing 43.61 percent growth over the corresponding period of FY 2019-20
KARACHI, (UrduPoint / Pakistan Point News - 8th Jun, 2021 ) :Export of Telecommunication, Computer and Information services in the first three quarters of fiscal year 2020-21 reached at $ 1,512.13 million representing 43.61 percent growth over the corresponding period of FY 2019-20.
According to data released by Pakistan Bureau of Statistics, Pakistan had received $ 1,052.95 million by export of services in telecommunication, computer and information sectors during July 2020 to March 2021.Export of Telecommunications services, during July-March 20-21, earned $ 319 million that is 33.38 percent higher than $ 239.17 million the amount received in 3 quarters of FY 2019-20.
Different sorts of computer services provided abroad were also seen on rise as exports surged 46.56 percent percent in the first three quarters of FY20-21 to reach at $ 1,190.
According to PBS data, Hardware consultancy services decreased 77.77 % and Maintenance & repair of computers shrunk 69.98 percent in the period under review and amounts of export recorded $ 407.00 and $ 399 million respectively.
Increasing trends were recorded in export of Software consultancy services and Export / Import of Computer Software services as software consultancy brought $ 393.374 million in the country showing 25.11 percent increase over $ 314.418 million. Export / Import of Computer Software services expanded 24.69 pc and reached at $ 294.887 million. Moreover, in the first 9 months of FY20-21, $501.043 million were received against export of other Computer services which were 94.23 percent higher than volume of nine months of previous year $257.961 million.
Exports of the Information services sub-sector increased 73 percent as the amount earned by the exports surged to $ 3.01 million from $1.74 million. Among them, the volume of news agency services amounted to $ 1.64 while other information services amounted to $ 1.37 million showing an increase of 84.48 percent and 60.99 percent respectively.