ISLAMABAD (PEN) : Foreign Direct Investment (FDI) in Pakistan saw a remarkable 55.5% increase during the first two months of fiscal year FY25, according to a report from the State Bank of Pakistan (SBP).
From July to August, the country attracted $350.3 million in FDI, up from $225.2 million during the same period last year—an impressive rise of $125 million. This surge in investment is a hopeful sign for Pakistan’s economy.
In total, FDI inflows during this period reached $495 million, while outflows were at $144.5 million. Month-to-month, August 2024 also marked growth, with FDI hitting $214 million compared to $142 million in August 2023.
In addition to FDI, portfolio investment—a vital part of foreign investment—also grew by 8.1%, reaching $24.7 million, up from $22.8 million in the same timeframe last year.
Overall, total foreign investment, which encompasses FDI, portfolio investment, and foreign public investment, soared by 80%, climbing to $453.2 million in July-August of FY25, compared to $252 million in the previous year.
These inflows are crucial for Pakistan as it works to meet external debt obligations and strengthen its foreign exchange reserves, providing a boost of optimism for the economy and its people.
