Pakistan20 October, 20252 min read
Pakistan IT Sector Exports Record $366 Million in September as Currency Stabilizes
This article is an automated aggregation of coverage from news outlets. Our editorials offer in-depth analysis curated by the NewsCord team.
Pakistan’s IT exports reached a record $366 million in September 2025. September’s IT exports rose 25% year-on-year and 9% month-on-month.
8 outlets told this the same way.
Outlets did split on Passenger Train Derails Near Sher Shah Bridge In Punjab, Killing Four And Injuring 30 →
Pakistan IT Export Growth
Pakistan’s IT and ITeS exports hit a new monthly record of $366 million in September 2025, up about 25% year-on-year. Q1 FY26 remittances reached roughly $1.06–$1.057 billion, around 20–21% higher than last year. A steadier rupee and expanding foreign client base, especially in the GCC, helped lift inflows.
“In September 2025, Pakistan’s IT exports hit a record $366 million, marking a 25% year-on-year increase and a 9% rise from August, surpassing the 12-month average of $326 million.”
Several outlets note the move exceeded the recent 12‑month average of $326 million. Daily proceeds in September averaged $16.64 million.
West Asian coverage ties the surge to currency stability and firms widening their international footprint. Asian and other outlets emphasize both State Bank policy support and demand growth from Gulf markets.
Policy Impact on Export Earnings
Policy support emerges as a common driver. Multiple sources note the State Bank of Pakistan raising the retention limit in Exporters’ Specialized Foreign Currency Accounts from 35% to 50% and permitting equity investments abroad via these accounts. Exporters say these changes boost liquidity and repatriation.
A survey cited by industry groups indicates widespread adoption of these accounts. Several outlets add that a stable rupee is encouraging firms to bring more earnings home. This mix of regulatory flexibility and currency stability is repeatedly linked to September’s record and the strong Q1 tally.
Tech Sector Performance Overview
Context around annual performance and targets varies by outlet. Asian tech coverage underscores the sector’s growing macro role, accounting for nearly half of services exports, and cites a prior-record year. Other sources highlight more recent annual tallies and government targets under the ‘Uraan Pakistan’ plan.
“IT exports now make up almost half of Pakistan’s total services export earnings.”
There is a discrepancy in the reported figures for the last full fiscal year: some mention FY 2023–24 at $3.223 billion, while others cite FY 2025 at $3.809 billion. This makes timeframes and definitions a key point to watch. Meanwhile, market-oriented coverage notes sector favorites and ambitious multi-year goals that imply a required growth rate above 25% a year.
Export Growth and Earnings Trends
Operational metrics reinforce the headline: daily export proceeds climbed to $16.64 million in September from $14.65 million in August. Net IT exports reached $330 million, up 29% year-on-year, showing broad-based momentum beyond the top-line figure. Coverage repeatedly links gains to expansion among GCC clients and to firms scaling abroad.
Rupee stability continues to be cited as a catalyst for bringing earnings home. The Q1 remittance total of roughly $1.06–$1.057 billion confirms that September’s record sits within a sustained quarterly upswing.
Pakistan's Economic Growth Plans
Looking ahead, sources diverge in emphasis regarding Pakistan's economic future. West Asian coverage highlights Pakistan’s push for global investment to address economic challenges. Asian technology reports emphasize the need for reforms such as tax incentives, smoother payment systems, and stronger digital infrastructure to maintain growth momentum.
“Pakistan has been actively seeking global investments in key sectors like IT to address its ongoing economic challenges...”
Other outlets focus on ambitious export targets of $5 billion in fiscal year 2026 and $10 billion by fiscal year 2029 under the 'Uraan Pakistan' initiative. Industry experts suggest that achieving $5 billion in annual exports is possible if continued support is provided. Together, these narratives indicate that effective policy execution—including currency stability, account flexibility, and market development—is crucial to turning September’s record performance into sustainable growth.
