Pakistan Foreign Direct Investment takes a massive jump in FY 2019-20

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Pakistan Foreign Direct Investment takes a massive jump in FY 2019-20

ISLAMABAD - Pakistan Foreign Direct Investment takes a massive jump in FY 2019-20, media report had revealed.

Pakistan foreign investment jumped by 137 per cent, or $512 million, in the first quarter of the financial year 2019-20, the State Bank of Pakistan (SBP) reported on Thursday.

The total investment during the July-September 2019 period clocked in at $886 million as compared to $374m during the same period in 2018.

In a breakup of the total investment, the central bank posted a 51pc increase in foreign private investment during the period under review.

The investment under this head increased to $564m during the three-month period in contrast with $374m during the same quarter last year.

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