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FDI inflows rise 6. 1% in 7 months

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Foreign Direct Investment (FDI) in Pakistan increased to US$1.257 billion in July-Feb (2021-22) compared to the FDI inflows of $1.185 billion recorded during same period, a year ago, showing a growth of 6.1 percent.

On year-on-year basis, the FDI rose to US$90.8 million in February 2022 against US$137 million recorded during the same month of the preceding year, according to the data released by State Bank of Pakistan (SBP) on Friday.

The country-wise data shows that China remained the top country posting US$384.5 million FDI during first seven months of current fiscal year compared to the investment worth of US$522 million recorded during same period of last year.

US was the second largest country with investment of US$174.9 million during the period under review against the net investment of US$84.2 million recorded during first seven months of of the fiscal year 2020-21.—APP

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