Stepping stone
Pakistan's IT exports hit a new record in the recently ended fiscal year, crossing $4.6 billion, and monthly exports hit $416 million in June. The new record amount represents a 21% increase over the past fiscal year, while the June figure was up 23% year-on-year. Technology is now the country's largest services export, representing 46% of the sector. Meanwhile, the trade surplus on technology was a whopping $3.9 billion, which is also the largest among all service sectors.
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