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

Pakistan’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.

🇵🇰 𝗣𝗮𝗸𝗶𝘀𝘁𝗮𝗻 𝗧𝗲𝗰𝗵 𝗘𝘅𝗽𝗼𝗿𝘁𝘀 𝗥𝗲𝗮𝗰𝗵 𝗮 𝗥𝗲𝗰𝗼𝗿𝗱 $𝟰.𝟮 𝗕𝗶𝗹𝗹𝗶𝗼𝗻

▪︎ $373 million exports in May 2026 (+13% YoY)
▪︎ $4.2 billion exports in 11MFY26 (+20% YoY)
▪︎ FY26 exports expected to exceed $4.5 billion

Pakistan's tech sector continues to be… pic.twitter.com/HLBE4g9rxk

— Khurram Schehzad (@kschehzad) June 17, 2026

He said technology exports are expected to exceed $4.5 billion by the end of FY2026, describing the sector as one of Pakistan’s “strongest export success stories”.

According to Schehzad, the technology sector is driving digital transformation, creating high-value employment and expanding Pakistan’s footprint in global technology markets.

“With continued policy certainty and support in Budget FY27, the sector is well-positioned to sustain double-digit growth, attract greater investment, and further strengthen Pakistan’s standing as a leading global technology destination,” he wrote.

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In a separate post, Schehzad highlighted an improvement in Pakistan’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 and a significant improvement from the $44 million deficit recorded in May 2025, according to the data shared by the adviser.

🇵🇰 𝗣𝗔𝗞𝗜𝗦𝗧𝗔𝗡 𝗥𝗘𝗖𝗢𝗥𝗗𝗦 𝗔𝗡𝗢𝗧𝗛𝗘𝗥 𝗖𝗨𝗥𝗥𝗘𝗡𝗧 𝗔𝗖𝗖𝗢𝗨𝗡𝗧 𝗦𝗨𝗥𝗣𝗟𝗨𝗦

Pakistan posted a Current Account Surplus of $459 million in May 2026, rebounding strongly from a $276 million deficit in April 2026 and improving significantly from a $44 million… pic.twitter.com/lDsYbRG76R

— Khurram Schehzad (@kschehzad) June 17, 2026

Schehzad said Pakistan’s current account had posted a cumulative surplus of $255 million during the first 11 months of FY2026 (July–May).

He noted that the external account had shown sustained improvement in recent months, with Pakistan recording “four surpluses in five months”.

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