Tech exports hit record $4.2B as Pakistan posts current account surplus

Hadia Batool
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Hadia Batool
Hadia Batool is Web Editor of Minute Mirror. She can be reached at [email protected].
2 Min Read

Summary

  • Pakistan’s technology exports have reached a record level during the first 11 months of the current fiscal year, reflecting strong growth in the country’s digital sector.
  • Overall, tech exports for the first 11 months of FY2026 have increased by around 20% compared to the same period last year.
  • Officials said the current account posted a cumulative surplus of $255 million during the first 11 months of FY2026.
AI Generated Summary

Pakistan’s technology exports have reached a record level during the first 11 months of the current fiscal year, reflecting strong growth in the country’s digital sector. According to official figures shared by Adviser to the Finance Minister Khurram Schehzad, tech exports stood at $4.2 billion in FY2026 so far.

In the month of May 2026 alone, technology exports were recorded at $373 million. This shows a 13% increase compared to the same month last year. The adviser said the sector continues to maintain steady upward momentum.

Overall, tech exports for the first 11 months of FY2026 have increased by around 20% compared to the same period last year. Officials expect total exports to cross $4.5 billion by the end of the fiscal year. The government described the IT and technology sector as one of Pakistan’s strongest export-performing industries.

The adviser said the sector is helping drive digital transformation in the country. It is also creating high-skilled jobs and expanding Pakistan’s presence in global technology markets. He added that continued policy support in the upcoming budget could help sustain double-digit growth.

In a separate update, Pakistan’s external account also showed improvement. The country recorded a current account surplus of $459 million in May 2026. This marks a strong recovery compared to a deficit of $276 million in April and a smaller deficit in May last year.

Officials said the current account posted a cumulative surplus of $255 million during the first 11 months of FY2026. They added that Pakistan has recorded surpluses in four out of the last five months, showing consistent improvement in external stability.

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Hadia Batool is Web Editor of Minute Mirror. She can be reached at [email protected].
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