Pakistan witnesses 17 percent increase in FDI

There has been an increase of seventeen percent in foreign direct investment in the country due to business friendly policies by Special Investment Facilitation Council.

According to the data released by the State Bank of Pakistan, foreign investment touched 1.9 billion dollars during the fiscal year 2024. Foreign direct investment stood at 169 million dollars in June this year as against 122 million dollars in the same period last year.

China remained Pakistan’s largest investor and trading partner, with investments of 568 million dollars in the last financial year.

Hong Kong was the second largest investor with foreign direct investment of 359 million dollars. Other important countries who invested in Pakistan include the UK, the United States and Singapore.

Source: Radio Pakistan

Check Also

DPM Vows to Implement Prime Minister’s Austerity Measures

Islamabad: Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar chaired the 5th meeting of the Steering Committee on Fuel Subsidy and Austerity. The committee reviewed progress on the fuel subsidy initiative and assessed the implement...