The growing role of Pakistani freelancers in the global market has led to a significant increase in foreign exchange.

Pakistani freelancers earned up to eight hundred fifty-six million dollars by third quarter of current fiscal year, posting an increase of 50 percent in the foreign exchange earnings. An increase of 289 million dollars has been recorded, compared to 567 million dollars in the third quarter of the previous financial year.

According to Chairman Pakistan Freelancers Association, Ibrahim Amin, thousands of people are joining the freelancing market through government and non-government training programs every month.

He said the Ministry of IT, Pakistan Software Export Board and Special Investment Facilitation Council are providing a conducive environment for freelancing.

In his remarks, former Chairman Pakistan Software House Association, Zohaib Khan, said Pakistan's IT sector has witnessed a significant growth during the past three years since the establishment of SIFC.

He said the recent initiatives taken by the State Bank have facilitated IT exporters, freelancers and startups.

The IT sector is on the path of continuous growth and stability due to effective reform measures and policy continuity of the Special Investment Facilitation Council.