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Pakistan Sees 17% Surge in Foreign Direct Investment

Islamabad: Pakistan has experienced a 17 percent increase in foreign direct investment (FDI) over the past fiscal year, attributed to the pro-business initiatives implemented by the Special Investment Facilitation Council. This growth underscores the country’s evolving economic landscape, fostering a more welcoming environment for international investors.

According to Ministry of Information and Broadcasting, the State Bank of Pakistan reported that FDI reached $1.9 billion in fiscal year 2024. June alone saw investments of $169 million, compared to $122 million in the same month the previous year, reflecting a robust uptrend in investment flows. China continues to be Pakistan’s top investor, contributing $568 million last year. Following China, Hong Kong emerged as the second largest investor with $359 million in FDI. Other significant contributors included the UK, the United States, and Singapore, further diversifying the investment portfolio of the country.

The post Pakistan Sees 17% Surge in Foreign Direct Investment appeared first on pakistannewsgazette.com.

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The post BJP Accused of Promoting Religious Extremism in India appeared first on pakistannewsgazette.com.

Pakistan Sees 17% Surge in Foreign Direct Investment

Islamabad: Pakistan has experienced a 17 percent increase in foreign direct investment (FDI) over the past fiscal year, attributed to the pro-business initiatives implemented by the Special Investment Facilitation Council. This growth underscores the country’s evolving economic landscape, fostering a more welcoming environment for international investors.

According to Ministry of Information and Broadcasting, the State Bank of Pakistan reported that FDI reached $1.9 billion in fiscal year 2024. June alone saw investments of $169 million, compared to $122 million in the same month the previous year, reflecting a robust uptrend in investment flows. China continues to be Pakistan’s top investor, contributing $568 million last year. Following China, Hong Kong emerged as the second largest investor with $359 million in FDI. Other significant contributors included the UK, the United States, and Singapore, further diversifying the investment portfolio of the country.

The post Pakistan Sees 17% Surge in Foreign Direct Investment appeared first on pakistannewsgazette.com.

Check Also

BJP Accused of Promoting Religious Extremism in India

Islamabad: The Bharatiya Janata Party (BJP) is accused of fanning the flames of religious extremism and terrorism in India.

According to a statement by Kashmir Media Service, the Hindutva ideology, which is being promoted by the Modi regime, is des...

The post BJP Accused of Promoting Religious Extremism in India appeared first on pakistannewsgazette.com.