{"id":36751,"date":"2024-05-18T21:59:11","date_gmt":"2024-05-18T16:59:11","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=36751"},"modified":"2024-05-19T16:42:51","modified_gmt":"2024-05-19T11:42:51","slug":"pakistans-foreign-direct-investment-increases-by-172-in-april","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/business\/pakistans-foreign-direct-investment-increases-by-172-in-april\/","title":{"rendered":"Pakistan’s foreign direct investment increases by 172% in April"},"content":{"rendered":"

ISLAMABAD: Foreign direct investment (FDI) in Pakistan witnessed phenomenal growth, with a substantial increase of 172% in April 2024 compared to the same period of the previous fiscal year.<\/p>\n

According to data released by the State Bank of Pakistan (SBP), FDI inflows reached $358.84 million, a significant increase from $131.9 million in April FY23.<\/p>\n

Additionally, on a month-on-month basis, April saw a significant increase of 39 percent in FDI as compared to March 2024, where inflows were $258.04 million. The increase is the highest monthly FDI inflow in 51 months, reflecting growing investor confidence in Pakistan’s economy.<\/p>\n

Gross FDI for the first ten months of FY24 stood at $1.46 billion, showing appreciable growth from the $1.35 billion recorded during the same period in FY23.<\/p>\n

Looking at the details, China emerged as the leading investor in Pakistan in April 2024, adding a substantial $177.37 million to the economy.<\/p>\n

During the same period, the United Arab Emirates (UAE) and Canada contributed $51.93 million and $51.89 million, respectively.<\/p>\n

Read More:\u00a0Pakistan starts negotiating with the IMF for a new multi-billion-dollar loan program. Finance Minister<\/a><\/strong><\/em><\/p>\n

A sector-wise analysis shows that the power sector attracted the highest FDI inflow during April 2024, amounting to $194 million. This indicates the attractiveness of the sector to foreign investors and its important role in the economic development of Pakistan.<\/p>\n","protected":false},"excerpt":{"rendered":"

ISLAMABAD: Foreign direct investment (FDI) in Pakistan witnessed phenomenal growth, with a substantial increase of 172% in April 2024 compared to the same period of the previous fiscal year. According to data released by the State Bank of Pakistan (SBP), FDI inflows reached $358.84 million, a significant increase from $131.9 million in April FY23. Additionally, […]<\/p>\n","protected":false},"author":8,"featured_media":36753,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[3383,3382,599],"class_list":["post-36751","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-fdi","tag-foreign-direct-investment","tag-state-bank-of-pakistan"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/36751","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=36751"}],"version-history":[{"count":0,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/36751\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/36753"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=36751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=36751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=36751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}