ISLAMABAD, Pakistan: The Foreign Direct Investment (FDI) in Pakistan is on the upswing as March 2024 saw a remarkable 51.7 percent increase to US$ 258 million, marking the highest inflows since June 2022.
The latest data issued by the State Bank of Pakistan (SBP) showed that the Country recorded a FDI of US$ 258.0 million in March 2024 as compared to an FDI of US$ 169.9 million in the same period last year.
Whereas in the previous month of February 2024, the Country had reported a direct investment of US$ 136.3 million.
Cumulatively in first nine months of the Fiscal Year 2023-24, the Country fetched an FDI of US$ 1,099.0 million against the US$ 1,216.9 million attracted in the same period last year.
Summary of Foreign Investment in Pakistan
In a statement on Tuesday, the federal government said that this surge in the FDI is a testament to Pakistan’s growing economic potential and attractiveness to global investors.
Separately, Pakistan’s IT Sector also achieved a new milestone with March 2024 seeing the Country’s highest-ever monthly IT exports, reaching US$ 306 million.
The government said that this milestone marks a significant boost to Pakistan’s tech industry, paving the way for further growth and innovation.
 in Pakistan is on the upswing as March 2024 saw a remarkable 51.7 percent increase to US$ 258 million, marking the highest inflows since June 2022.){kind=link}