Pakistan’s IT Exports Hit Record $3.8 Billion in FY2025

Pakistan’s IT exports reached a new milestone of $3.8 billion in the fiscal year 2025, marking an 18% increase from the previous year. The Ministry of IT and Telecom attributes this achievement to strategic progress in five areas: “boosting Pakistan’s global tech image, investing in infrastructure and talent, providing policy support, improving high-speed internet access, and launching digital initiatives like promoting a cashless economy.”

Ambitious goals for 2030

IT and Telecom Minister Shaza Fatima shared the government’s vision to expand annual IT exports to $15 billion by 2030, stating that “ongoing reforms would support this target and build a stronger digital ecosystem.”

Challenges remain in policy

Despite the progress, tech industry leaders warn that policy inconsistencies continue to hinder growth. The Pakistan Software Houses Association (P@SHA) highlighted issues with unpredictable tax policies and complex regulations. The association called for a stable long-term framework to ensure industry growth.

P@SHA Chairman Sajjad Syed stated, “Investors always ask the same two questions: What will my tax exposure be, and will the rules change after I invest? If we offer clarity and simple compliance, capital will come.”

P@SHA suggests key reforms

To address these issues, P@SHA proposed several reforms:

• Extend the 10-year Final Tax Regime on IT exports
• Resolve payroll-related tax challenges

• Launch a digital foreign currency channel like Roshan Digital Accounts

The record-breaking export figure signals promise, but stakeholders emphasize that lasting progress depends on supportive and stable policies.