Categories: Everyday News

Foreign investment spikes by 323pc in first quarter of FY21

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.

invest with imarat

Islamabad’s emerging city centre

Learn More

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.

 

For news and blogs, visit Graana.com.

Maham Tahir

Recent Posts

Discovering Bannu: History, Culture and People

Bannu is a city in Khyber Pakhtunkhwa (KPK), Pakistan. It is famous for cotton fabric…

8 hours ago

DHQ Hospital Rawalpindi: Your Pathway to Quality Care

DHQ Hospital Rawalpindi stands as a pivotal institution in the healthcare landscape of Rawalpindi, Pakistan.…

10 hours ago

Exploring Kohistan District: The Land of Mountains

Located at a strategic location, this district is referred to as the land of mountains.…

12 hours ago

An Area Guide to Allah Wala Town

Allah Wala town, located south of Karachi, holds a significant place in the city's cultural…

1 day ago

Wheeling Forward: LDA’s Innovative Cycling Track Proposal

Lahore's urban landscape is set to transform as the Lahore Development Authority (LDA) discloses plans…

1 day ago

Commercial Avenue Islamabad

At Commercial Avenue, DHA offers excellent business prospects in the center of DHA Valley, Islamabad.…

1 day ago