Foreign investment spikes by 323pc in first quarter of FY21

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ISLAMABAD: According to the State Bank of Pakistan (SBP), foreign investment inflows of $1.3bn were recorded in the first quarter of the fiscal year 2021-22.

In the same period of the previous year – July to September – investments worth $311mn were recorded. As per the latest data, inflows of $1.3 billion in this year represent a remarkable 323pc year-on-year increase.

It merits mentioning that foreign direct investment in the real estate sector amounted to $439mn in the first quarter of 2021-22.

China, with an investment of $74 million in the first quarter of FY 2021-22, remained the largest investor in Pakistan’s economy.


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