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Pakistan Received Foreign Direct Investment Of Nearly $1.9 Billion In Fiscal Year 2022

admin-augaf by admin-augaf
July 22, 2022
in Business, Finance, International
Reading Time: 1 min read
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Pakistan Received Foreign Direct Investment Of Nearly $1.9 Billion In Fiscal Year 2022

Pakistan Received Foreign Direct Investment Of Nearly $1.9 Billion In Fiscal Year 2022

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Karachi July 22 2022: Pakistan attracted foreign direct investment (FDI) of USD 271 mn during the month of June 2022 according to the data published by State Bank of Pakistan (SBP).

These flows are up by 92% year on year compared to a net inflow of USD 141 mn during June 2021 and up 92% month on month.

This has caused FDI to increased by 3% YoY to USD 1,868mn, during fiscal year 2022.

China remained the largest investor with a net FDI of USD 532 mn during fiscal year 2022 compared with USD 752 mn during the same period last year.

United States remained the second-largest investor with a net FDI of USD 250 mn during fiscal year 2022 compared with USD 166 mn during the same period last year.

During fiscal year 2022, a major investment was poured into the Power sector (USD 567mn) followed by Financial Business Sector (USD 373mn) and Oil and Gas Exploration (USD 188mn).

Tags: Foreign Direct Investment
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