Foreign direct investment (FDI) increased by 47 per cent in the first four months of this fiscal year, mainly because of a big inflow from China.
The State Bank reported yesterday that the country received $423 million during July-October compared to $288m during the same period of last year.
The inflows posted a sudden increase in October, turning around a year-on-year fall of 26pc in July-September quarter to a 47pc rise in the four-month period.
Pakistan received just $169m as foreign direct investment in the first quarter. The inflows in October alone amounted to $252m.
However, the main inflow which changed the depressing situation was from China which invested $163m out of the total $423m.
