Foreign Direct Investment (FDI) in the country during first month of current financial year (2023-24) witnessed about 17.3 percent growth as compared to the investment of the corresponding month of last year.
By the month of July 2023, the FDI reached $87.7 million against the investment of $ 74.8 million in same period of the last year, which was up by 17.3 percent, according to the ‘Monthly Economic Update & Outlook August 2023’, said in the report released by the Ministry of Finance and Revenue on Wednesday.
The FDI received from China during the period under review was recorded at $18.0 million, Hong Kong $16.9 million and FDI received from Netherlands at $12.1 million and Switzerland $10.1 million, it added.—APP
