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FDI jumps 16.4pc in September on yearly basis

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Karachi

Total foreign investment into the country in September jumped by 108 percent on a month-on-month basis while it surged by 16.4 percent on a year-on-year basis.

According to the State Bank of Pakistan (SBP) data, the total investment in September clocked in at $236 million as compared to $113.2 mil-lion in the previous month August and $202.8 million during September 2020.

The FDI de-clined by 4 percent on a year-on-year basis to $439.1 million during the first quarter (July-September) of the fiscal year 20121-22 as compared to $457.6 million in the correspond-ing period of the last financial year. In a breakup of the total investment during September. —TLTP

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