BUSINESS

(FY22): FDI fell 2% in the first nine months.

It’s in Karachi. From July to March, foreign direct investment (FDI) dropped by 2%. At the end of that time, it was $1.285 billion.

During this time, the equity market lost 342 million dollars, compared to 263 million dollars at the same time last year.

This year, China was still the biggest investor, with a net flow of $334 million in 9MFY22, down from $642 million in the same period of last year.

When it comes to foreign investment, the United States is still the second-biggest country. In the first nine months of this year, it invested $183 million, up from $97 million in the same period of last year.

There were a lot of investments made in the power sector (USD 489 million) and the financial business sector (USD 323 million) in 9MFY22. Oil and Gas Exploration came in third (USD 323mn) (USD 180mn).

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