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💼 Business📍 Karachi, Pakistan·about 13 hours ago·1 min read

Pakistan Freelance Exports Hit $1.6 Billion: The Policy Agenda Nobody Is Talking About

Daily Pakistan
Pakistan Freelance Exports Hit $1.6 Billion: The Policy Agenda Nobody Is Talking About

Pakistan's freelance workforce, estimated at three million people, generated $1.6 billion in verified export remittances during the first eleven months of fiscal year 2026, marking an 80% year-on-year growth. This surge contributed to a significant ICT trade surplus of $2.91 billion, a rare positive economic indicator for the country. This success, driven by individual initiative rather than government schemes, highlights an untapped economic sector with immense potential. However, the article warns that the sector's growth is hampered by broken payment rails, lack of legal recognition, and the critical absence of PayPal for outbound payments, urging the State Bank and government to address these regulatory and compliance issues to unlock the sector's full potential.

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