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By Sabeeh Zanair :
Pakistan’s IT and telecom export remittances fell for a second consecutive month in February 2026, according to new data from the State Bank of Pakistan, although the sector continues to record solid growth compared with last year.
Official figures show export remittances stood at $365m in February, down from $374m in January a decline of around 3% on a month-on-month basis.
The latest decrease follows a sharper drop in January, when earnings fell 14.5% from $437m in December 2025.
Despite the recent slowdown, the industry remains on a strong upward trajectory overall. On a year-on-year basis, IT and telecom exports rose by approximately 19%, compared with $306m recorded in February 2025.
Cumulative data for the first eight months of the current fiscal year (July to February) also points to sustained growth. Export remittances reached $2.975bn, up 19.7% from $2.485bn during the same period a year earlier.
Over the full fiscal year 2024–25, Pakistan’s IT sector generated $3.812bn in export earnings, underlining steady long-term expansion despite short-term fluctuations.
Industry experts say the sector remains one of the country’s fastest-growing export segments, playing a key role in boosting foreign exchange reserves and supporting the digital economy.
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