Govt sets IT exports target to $15b in next 5 years

ISLAMABAD: The government aims to boost IT exports to fifteen billion dollars over the next five years.

The IT sector is a key focus area for the Special Investment Facilitation Council (SIFC).Govt Sets $25B IT Exports Targets by 2029

The State Bank of Pakistan has revised the Foreign Exchange Manual to enhance the global footprint of IT firms in the country.

These revisions raise the profit repatriation limit for IT exporters from thirty-five percent to fifty percent.

Additionally, the changes permit domestic IT companies to establish multiple entities overseas to broaden the sector’s international reach.