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Tech exports hit record $4.2b as current account returns to surplus

Tech exports hit record $4.2b as current account returns to surplus

Adviser to Finance Minister Khurram Schehzad says country posts a $459m current account surplus in May

Pakistanโ€™s technology exports reached $4.2 billion during the first 11 months of FY2026. while the country posted a current account surplus of $459 million in May, according to figures shared on Wednesday by Adviser to the Finance Minister Khurram Schehzad.

In a post on X. Schehzad said technology exports stood at $373 million in May 2026, reflecting a 13% year-on-year increase. He added that cumulative exports for the first 11 months of the fiscal year reached $4.2 billion. up 20% compared with the same period last year.

๐Ÿ‡ต๐Ÿ‡ฐ ๐—ฃ๐—ฎ๐—ธ๐—ถ๐˜€๐˜๐—ฎ๐—ป ๐—ง๐—ฒ๐—ฐ๐—ต ๐—˜๐˜…๐—ฝ๐—ผ๐—ฟ๐˜๐˜€ ๐—ฅ๐—ฒ๐—ฎ๐—ฐ๐—ต ๐—ฎ ๐—ฅ๐—ฒ๐—ฐ๐—ผ๐—ฟ๐—ฑ $๐Ÿฐ.๐Ÿฎ ๐—•๐—ถ๐—น๐—น๐—ถ๐—ผ๐—ปโ–ช๏ธŽ $373 million exports in May 2026 (+13% YoY)โ–ช๏ธŽ $4.2 billion exports in 11MFY26 (+20% YoY)โ–ช๏ธŽ FY26 exports expected to exceed $4.5 billionPakistan's tech sector continues to beโ€ฆpic.twitter.com/HLBE4g9rxk

He said technology exports are expected to exceed $4.5 billion by the end of FY2026. describing the sector as one of Pakistanโ€™s โ€œstrongest export success storiesโ€.

According to Schehzad, the technology sector is driving digital transformation, creating high-value employment. expanding Pakistanโ€™s footprint in global technology markets.

โ€œWith continued policy certainty. support in Budget FY27, the sector is well-positioned to sustain double-digit growth, attract greater investment, and further strengthen Pakistanโ€™s standing as a leading global technology destination,โ€ he wrote.

Also Read:Extractive state & death of growth

In a separate post. Schehzad highlighted an improvement in Pakistanโ€™s external account position, saying the country recorded a current account surplus of $459 million in May 2026.

The latest figure marked a sharp turnaround from a deficit of $276 million in April 2026. a significant improvement from the $44 million deficit recorded in May 2025, according to the data shared by the adviser.

๐Ÿ‡ต๐Ÿ‡ฐ ๐—ฃ๐—”๐—ž๐—œ๐—ฆ๐—ง๐—”๐—ก ๐—ฅ๐—˜๐—–๐—ข๐—ฅ๐——๐—ฆ ๐—”๐—ก๐—ข๐—ง๐—›๐—˜๐—ฅ ๐—–๐—จ๐—ฅ๐—ฅ๐—˜๐—ก๐—ง ๐—”๐—–๐—–๐—ข๐—จ๐—ก๐—ง ๐—ฆ๐—จ๐—ฅ๐—ฃ๐—Ÿ๐—จ๐—ฆPakistan posted a Current Account Surplus of $459 million in May 2026, rebounding strongly from a $276 million deficit in April 2026. improving significantly from a $44 millionโ€ฆpic.twitter.com/lDsYbRG76R

Schehzad said Pakistanโ€™s current account had posted a cumulative surplus of $255 million during the first 11 months of FY2026 (Julyโ€“May).

He noted that the external account had shown sustained improvement in recent months. with Pakistan recording โ€œfour surpluses in five monthsโ€.

According to Schehzad, a stronger external account provides the foundation for sustainable economic growth and greater macroeconomic stability.

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Source: https://tribune.com.pk/story/2613660/tech-exports-hit-record-42b-as-current-account-returns-to-surplus

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