Foreign direct investment in Pakistan reached a 10-month high

  • According to a report released by the State Bank of Pakistan yesterday, the volume of foreign direct investment in October last month was  317.4 million.
  • Most of the investments were made in the areas of power generation, 3G, 4G mobile internet and oil and gas exploration.
  • Experts say that most of the countries investing in other countries are struggling with Code 19, it will take more time to stabilize their economies.

Foreign direct investment in Pakistan reached a 10-month high

Foreign direct investment in pakistan

Foreign direct investment reached a 10-month high of 7 317.4 million

According to a report released by the State Bank of Pakistan yesterday, the volume of foreign direct investment in October last month was  317.4 million, while in October 2019, the volume of foreign investment was 126.5 million.

According to the State Bank of Pakistan, most of the investments were made in the areas of power generation, 3G, 4G mobile internet and oil and gas exploration.

During the first four months of the current financial year, the volume of FDI stood at  733.1 million as against 672 million in the same period of the previous financial year.

In this regard, experts say that most of the countries investing in other countries are struggling with Code 19, it will take more time to stabilize their economies.

Also checkout : New Oil Reserves Discovered In Ziarat, Pakistan Petroleum Limited

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