ISLAMABAD – In positive economic development, $3.4 billions injected intoPakistani economy as foreign investment.
The net foreign investment inflows have witnessed a staggering growthsurging to $3.425 billion during the seven months of the financial year2019-20 increasing by 541%, according to the State Bank of Pakistan.
The investment in the country recorded handsome inflows from varioussectors including the government’s papers and stock exchange during theperiod of July to January. Last year, the inflows stood at just $534.7million.——————————
FDI was also higher, with investments in the real sector increasing to$1.563 billion in January to July in this financial year as compared to $943million recorded in the same period of the last financial year.
Investments from China have increased to over $500 million as part of theCPEC’s second phase in various sectors.
On the other hand, foreign portfolio investment also showed persistentgrowth over the period of July to January.
According to SBP, the debt securities including T-Bills and PakistanInvestment Bonds received an investment of $1.839 billion investment in thesaid period. Investments inflows were prominent from fund managers from theUK and the USA.——————————
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The investment in the equity market also stood at $21 million in the sevenmonths of FY20.
Foreign investors made a handsome investment of $1.613 billion in theseavailable investment avenues in Pakistan during the first month of 2020,which improved the overall numbers of FDI to a record level in the recentyears.
The investment inflows in real sectors and debt securities are likely tocontinue this year mainly due to the continuation of CPEC projects andavailable lucrative profit rates on government securities.
This trend will improve the sentiments of foreign investors in Pakistan andreinvigorate the business activities in the country with improve pace.
