Islamabad, Nov 18: Foreign Direct Investment in Pakistan Down by 18% in October 2024, Reflecting Economic Slowdown
Foreign Direct Investment (FDI) in the country amounted to $133 million in October 2024, reflecting an 18 percent decrease compared to $163 million in the same month last year.
In October 2024, foreign direct investment inflows reached $240.4 million, a 19 percent increase from $202.6 million in October 2023. However, outflows for the same month surged by 173 percent, reaching $107.2 million compared to $39.2 million in October 2023.
During the first four months of fiscal year 2025 (4MFY25), net FDI inflows rose by 43 percent, totaling $1.242 billion, compared to $868.2 million in 4MFY24.
China emerged as the largest source of FDI during this period, contributing $576.9 million, followed by Hong Kong at $106.4 million, the United Kingdom at $97 million, the United States at $41.6 million, and France with $53.6 million.
The power sector attracted the highest FDI inflows in 4MFY25, amounting to $542.5 million, followed by the financial business sector with $198.3 million, oil and gas exploration at $104.8 million, and electronics at $53.9 million.