Times of Islamabad

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

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

ISLAMABAD – Pakistan Foreign Direct Investment takes a massive jump in FY2019-20, media report had revealed.

Pakistan foreign investment jumped by 137 per cent, or $512 million, inthe 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 51pcincrease in foreign private investment during the period under review.

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