Ministry of IT and Telecom has said that steps will be taken to resolve profit repatriation issues of foreign technology companies. These steps will help attract FDI towards Pakistan’s tech sector, enable high-worth job growth, and enhance export income for the country. jwplayer("jwp-outstream-unit").setup({}); “Steps have been agreed upon to facilitate opening foreign currency accounts under the FCA regime for IT, ITeS industry, startups, and freelancers,” tweeted MoITT. Pakistan’s IT exports crossed the $2 billion mark for the first time in the country’s history in the preceding financial year, growing over 47%, according to data released by the Min
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