Foreign exchange | Pakistan Press Foundation (PPF)

Pakistan Press Foundation

$1.7bn from IT exports remain abroad every year, NA body told

Pakistan Press Foundation

ISLAMABAD: More than $1.7 billion from Pakistan’s software exports remain outside the country’s foreign exchange reserves every year, said Secretary Ministry of Information Technology (IT) Azmat Ali Ranjha. “The State Bank of Pakistan (SBP) is reporting $500 to $600 million annual software exports but the actual IT exports are more than $2.2 billion a year,” […]


5

PTA stopped from withdrawing international incoming calls policy

Pakistan Press Foundation

Karachi: The Sindh High Court on Thursday restrained Pakistan Telecommunication Authority (PTA) and the federal ministry of information technology from implementing its notification pertaining to the withdrawal of policy directives for international clearing house exchange. The interim order came on a petition filed by the Pakistan Telecommunication Company Limited challenging the withdrawal of policy directives […]