2024-04-23 10:59:41
(Ashraf Khan)Foreign direct investment in March 2024 reached the highest level of June 2022, according to State Bank, investment has increased by 52%.
State Bank says that foreign direct investment in March 2024 reached the highest level of June 2022. Compared to March 23, foreign direct investment increased by 52 percent in March 24. Foreign direct investment in March 2024 Foreign direct investment was $170 million as of March 23, at $258 million.
According to the report of Bank Daulat Pakistan, in the 9 months of this financial year, direct foreign investment was 1 billion 100 million dollars with a decrease of 10%. Investments in the stock market rose 601 percent to $1.90 crore in March 24 as compared to 23.
Must read: Trade financing from Emirati banks of Pakistan is likely to be restored soon
The report says that the investment in the stock market reached 6.50 million dollars in the 9 months of the current financial year. In the 9 months of the last financial year, there was a withdrawal of 7.4 million dollars in the stock market. Domestic investment increased by 60% to 277 million dollars, in March 2023 private foreign investment reached 173 million dollars.
In the 9 months of this financial year, the investment was 4 percent less to 1 billion 16 million dollars, the total foreign investment in March 23 to March 24 increased by 80 percent to 31.10 million dollars, the total foreign investment in March 23 was 17 million dollars. 3 million dollars, the total foreign investment in the 9 months of the current financial year was 1 billion 26 million dollars with an increase of 525%. The total foreign investment in the 9 months of the last fiscal year was 202 million dollars.
2024-04-23 10:59:41