This is what Pakistan claimed in 2017
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Pakistan IT export reaches $2.9 bn
ISLAMABAD: Due to government incentives to IT and Information Technology Enabled Services (ITeS) industry Pakistan’s IT exports have grown to an estimated $2.9 billion, which includes Pakistani freelancers estimated to be earning more than $300 million annually.
While talking to APP, Managing Director Pakistan Software Export Board (PSEB) Iftekhar Shah said, government incentives to the IT & ITeS industry include income tax exemption on IT exports till June 2019, 100% foreign ownership, 100% repatriation of capital and dividends, 3-year tax exemption for IT startups, and tax holiday for venture capital funds till June 2024. He said, Pakistani domestic market for IT & IT Products and services is also strong, estimated at over $ 500 million in annual revenue, and growing rapidly."
Geo
Pakistan’s IT exports exceed $2 billion, says PSEB chief
Freelancers’ contribution totals $100m, potential to grow remains
Farooq Baloch November 21, 2015
The updated figures clearly indicate the PSEB has exceeded its own projection by quite a big margin. PHOTO: FILE
KARACHI:
Pakistan’s export of Information Technology (IT) and IT-enabled services (ITES) amount to $2.2 billion in fiscal year 2014-15, according to Pakistan Software Export Board (PSEB) Managing Director Asim Husain.
In an emailed response to
The Express Tribune, PSEB’s chief said freelancers’ contribution in the IT exports of FY15 was $100 million - one-third of $300 million the IT sector generated from domestic sales during the year under review.
Express Tribune
I remember how everyone on PDF cheered and spoke of the imminent demise of India's IT and Pakistan the new Tiger with billions of IT exports. That was 2015 and in 2021 they are cheering It exports crossing a Billion. Seems to be peddling fast in reverse or none of these figures can be trusted.
There other years when Pakistan claimed even higher IT exports