Pakistan targets $5.5bn IT exports, $44bn remittances in FY27: Aurangzeb

Finance Minister Muhammad Aurangzeb expects Pakistan’s IT exports to total $5.5 billion and workers’ remittances to reach $44 billion in FY27, Profit by Pakistan Today reported. Speaking at a Lahore University of Management Sciences policy dialogue, he said the government was pursuing reforms to support export-led growth, lower energy costs and maintain economic stability.

Aurangzeb said foreign exchange reserves now cover more than three months of imports, and Pakistan’s credit rating has improved three times since April 2025. He also cited twice-covered Eurobond orders, exporter financing at 4.5 percent and discussions on industrial electricity at about Rs23 per unit, while stressing the need for further reforms and winter gas planning.