This report, conducted by P@SHA explores the ramifications of the recent policy modification by the State Bank of Pakistan (SBP) aimed at bolstering the IT and ITeS sector. The increase in the retention limit in Exporters’ Special Foreign Currency Accounts (ESFCAs) from 35% to 50% of export proceeds is the focal point of this report. With insights gathered from a comprehensive survey, this report sheds light on the potential benefits and implications of the policy change. It underscores the collaborative efforts between the government and industry stakeholders to enhance the competitiveness of Pakistan’s IT and ITeS exports.