Pakistan’s freelancers earned $216.788 million in export revenue, up 16.74 percent from $185.698 million in the previous year’s equivalent period.
According to the Ministry of Information Technology and Telecommunication (IT&T), freelancers earned $163.881 million in export earnings from IT-related projects and $52.907 million from non-IT gigs.
In comparison to the $185.698 million in revenue (IT: $173.327 million + Non-IT: $12.371 million) generated by freelancers from July to December FY21, earnings for the same period this year increased by 16.74 percent.
Their earnings were $163.881 million from July to December FY22, accounting for 12.59 percent of total ICT export remittances of $1,301.880 million over the same period.
Read more: IT ministry proposes tax exemption for freelancers for the next 10 years
Syed Amin Ul Haq, federal minister for information technology and telecommunications, had urged the Pakistan Software Export Board to take every feasible action to meet the target for IT exports.
As part of Prime Minister Imran Khan’s goal of a Digital Pakistan, he said it is essential to promote all things linked to information technology and to engage the youth, particularly students, to the digital world.
Minister Amin Ul Haq stated that the Ministry of Information Technology and Telecommunications (MoIT&T) is playing a significant role in assisting with the pandemic through information technology, and that the number of COVID-19 cases in the country is decreasing.
Furthermore, the government’s significant incentives, as well as several projects aimed at improving the IT industry’s abilities, have resulted in high industry growth rates.
