Foreign direct investment into Pakistan increased significantly in the first eleven months of 2024, according to data released by the State Bank of Pakistan (SBP) in Karachi. The rise was 11.58%. The overall amount of foreign investment for January-November 2024 was $2.05 billion, up from $1.84 billion in the same period of 2023, according to figures issued by the central bank. A year-on-year increase of $21.34 million is shown by this.
According to the SBP, $2.25 billion—a 23% increase—was invested in Pakistan’s private sector. Also adding to the general upturn in the economy was a 31% increase in private sector foreign direct investment (FDI). Foreign direct investment (FDI) into the private sector surged 46% to $3.41 billion, while FDI outflow from the sector soared 93.50% to $1.04 billion.
But investment in the stock market fell sharply as well. According to the numbers, $10.77 million was taken out of the stock market throughout the eleven months, or $9.8 million per month on average. There was a net loss of $19.86 million for the government, with an average loss of $1.8 million each month.
Foreign investment flows have been showing varied tendencies, with some substantial inflows into the private sector and some outflows from other parts of the economy, as seen by these numbers.
