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.