{
  "id": 8013587,
  "title": "Services exports record over $400 million increase in Jul-Aug: SBP",
  "url": "https://urgent.news/2026/09/17/services-exports-record-over-400-million-increase-in-jul-aug-sbp",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-17T10:58:55.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40439952/services-exports-record-over-400-million-increase-in-jul-aug-sbp"
  },
  "original_language": "en",
  "account": "In July and August of the 2026-27 financial year, Pakistan's services exports surged by over $400 million, surpassing the growth seen in goods exports during the same period, according to the State Bank of Pakistan. Services exports reached $1.811 billion, up from $1.405 billion in the same timeframe the previous year, marking a 29% increase year-on-year. The IT sector and freelancers were the primary drivers of this growth, contributing around $952 million towards services exports. Government services also played a role, generating around $122 million. The IT sector's potential for further expansion was highlighted by industry experts, who noted that consistent policies and a conducive business environment are crucial for achieving the government's target of $10 billion in IT exports by FY29. Freelancers and freelancing platforms also emerged as key contributors, with around three million freelancers actively participating.",
  "summary": "Pakistan’s services exports increased by over $400 million during the first two months of 2026-27, outpacing the growth recorded in goods exports during the same period. According to data released by the State Bank of Pakistan (SBP), services exports rose to $1.811 billion during July-August FY27, compared with $1.405 billion in the corresponding period of the previous financial year. The…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}