Dhaka, Feb. 26 -- Nepal's information technology (IT) service exports have climbed to an estimated NPR 145 billion, equivalent to USD 1 billion, annually, according to the Nepal Association for Software and IT Services Companies (NAS-IT).

NAS-IT President Gaurav Raj Pandey revealed the figures on Wednesday, February 25, during an interaction program organized by the Society of Economic Journalists Nepal (SEJON) in Kathmandu.

Pandey said a 2022 study by the Institute for Integrated Development Studies (IIDS) had placed exports at NPR 67 billion. Although no new nationwide study has been completed, multiple industry assessments suggest exports have now nearly doubled.

The government has set a target of achieving USD 22 billion in cumulat...