Times of Islamabad

Pakistan foreign direct investment register significant jump

Pakistan foreign direct investment register significant jump

KARACHI -Pakistan foreign direct investment register significant jump Foreignprivate investment has registered an increase of 51pc in the first quarterof the fiscal year 2019-20. During the same duration in the previous fiscalyear, the same stood at $374 million.

On the other hand, foreign direct investment edged lower by 3.1pc to $542.1million the first three months of FY 2019-20. During the same period in thelast year, the same stood at $559.4.

However, FDI in September clocked in at $385.3m, surging by 111.6pc over$182.1m in corresponding month last year.

If the September trend persists for the remaining fiscal year, the countrycould receive record high investment it received during the last five years.