Islamabad, Pakistan has seen a significant 172% increase in Foreign Direct Investment (FDI) over the last month, continuing its upward financial trajectory. This increase is reflected in the rise of FDI from $131.9 million to $358.84 million compared to the same month last year, showcasing a robust growth in investor confidence and financial inflows.
According to Ministry of Information and Broadcasting, the surge in FDI is largely due to the initiatives implemented by the Special Investment Facilitation Council, which has successfully revamped investment facilities. The State Bank of Pakistan’s data further highlights this as the largest influx of FDI in the last 51 months. Additionally, on a month-on-month basis, the FDI increased by 39% to $258.04 million in March of this year. Over the first ten months of fiscal year 2024, total FDI reached $1.46 billion, up from $1.35 billion during the same period in fiscal year 2023.
Investment data for 2024 indicates China as the leading contributor with investments worth $177.37 million, followed by the United Arab Emirates and Canada, with $51.93 million and $51.89 million respectively.
AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service