Pakistan has recorded an increase in sending funds, exports and imports in the first seven months of the current financial year.
The report indicates that funds increased by 25.2% from July to January, while exports increased by 9.7% and imports by 16.8%.
The current account showed an excess of more than $ 680 million during the period.
The exchange reserves held by the State Bank of Pakistan increased from $ 8 billion to more than $ 11.2 billion, while the roupe remained stable.
The fiscal collection of the Federal Board of Return (FBR) increased by 26.2% in the first six months, revenues without tax increasing by 82%. The budget deficit dropped by 36.1% during the same period.
Inflation increased from 28.7% to 6.5% over seven months, added the report, while more than 63,000 Pakistanis went abroad for a job in January.
The eyes sector of $ 25 million in exports to Qatar
In addition, IT exporters of Pakistan are planning to increase the export of IT and IT services to Qatar, a potential key market, to 25 million dollars in the coming years.
In collaboration with the Ministry of Computer Science and Telecommunications (MOITT), Pakistan Software Export Board (PSEB) and the Special Investment Facilitation Council (SIFC), IT exporters work on aggressive strategic extension plans on traditional and emerging markets with advanced products and services.
As part of this initiative, a delegation of 10 IT companies with more than 30 delegates participates in Summit Qatar 2025, one of the main technological conferences in the world. The delegation highlights the dynamic landscape of computer and technological innovation in Pakistan in a dedicated Pakistan pavilion.
The main vice-president of Pakistan Software Houses Association (P @ Sha), Umair Nizam, said that the significant Qatar market is now opening up to Pakistani IT companies significantly due to the progress of the Pakistani IT industry, supported by SIFC, PSEB and Moitt.
