Our Correspondent
Islamabad
Foreign direct investment (FDI) during the month of October hit an 11-month high of $317.4 million, accounting for nearly 43.3 per cent of total inflows during the current fiscal year, data released by the State Bank of Pakistan (SBP) showed on Monday.
In comparison, FDI during October 2019 was recorded as $126.5m.
During the last month, China invested $228.7m in the country while the power sector absorbed around $239m in October alone.
Meanwhile, FDI during the four-month period from July to October jumped nine per cent to $733m compared to $672.0m in the year-ago period, data showed.
