Business
Foreign investment falls 20pc in Oct
字号+ Author:Smart News Source:Sports 2025-01-13 15:35:48 I want to comment(0)
KARACHI: Attracting sizeable foreign investment has always been a dream of successive governments. However, the situation has mostly stayed the same as inflows remained unimpressive despite significant growth in percentage terms. The State Bank of Pakistan (SBP) on Monday reported that the foreign direct investment (FDI) rose 32 per cent to $904 million during July-October FY25 compared to $683m in the same period last year. The FDI volume is insignificant for experts. However, the inflows in October plunged almost 20pc year-on-year to $132m, indicating the country’s economic conditions are not good enough to attract foreign investors. The volume of inflows through FDI remained disappointing for the government, which has been striving to woo investors by offering several incentives. The situation looks more bleak when it is found that China contributed $414.5m or 46 per cent of the total FDI inflows during the period under review. Other significant inflows were $99.7m from Hong Kong and $94m from the UK. Trade and industry sources identified the deteriorating law and order situation as the key reason for this disappointing FDI total. They said the almost daily bomb and in Balochistan, Khyber Pakhtunkhwa and other parts of the country are the key hurdle discouraging foreign investors.
1.This site adheres to industry standards, and any reposted articles will clearly indicate the author and source;
Related Articles
-
Resilience not possible sans climate justice, says PM
2025-01-13 14:42
-
کزرم کے متخاصم قبائل نے دنوں تک جاری رہنے والے جرگے کے بعد امن معاہدہ کرلیا ہے۔
2025-01-13 14:04
-
کُرّام امن معاہدے کے بعد، ایم ڈبلیو ایم کے سربراہ نے ملک بھر میں دھرنا ختم کرنے کا اعلان کیا۔
2025-01-13 13:38
-
ملک گیر احتجاجات کے نویں دن کراچی والوں کی مشکلات میں اضافہ
2025-01-13 12:53
User Reviews
Recommended Reads
Hot Information
- US says committed to ‘diplomatic resolution’ in Lebanon
- ہوائی فائرنگ سے منع: عاصمہ نے سال نو کے موقع پر ذمہ داری سے جشن منانے کی اپیل کی
- ملک گیر احتجاجات کے نویں دن کراچی والوں کی مشکلات میں اضافہ
- ہوائی فائرنگ سے منع: عاصمہ نے سال نو کے موقع پر ذمہ داری سے جشن منانے کی اپیل کی
- Abkhazia’s leader steps down after agitation
- نشے میں دُھت ڈی آئی جی کے بیٹے کا کار حادثہ، خاتون زخمی
- کراچی کے اسکول موسم سرما کی چھٹی کے بعد آج دوبارہ کھل رہے ہیں۔
- ہوائی فائرنگ سے منع: عاصمہ نے سال نو کے موقع پر ذمہ داری سے جشن منانے کی اپیل کی
- Iran preparing to ‘respond’ to Israel: Supreme leader’s adviser
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content