ISLAMABAD: Pakistan's foreign direct investment rose 80% year on year to $316 million in August, according to Khurram Schehzad, the finance minister's adviser.
In a post on X on Sunday, he called this a "positive sign" as the country shifts from focusing solely on macroeconomic stability to pursuing investment-driven, sustainable growth.
After facing years of economic challenges, Pakistan is on a long road to recovery, supported by a $7 billion IMF program.
The country is attracting more foreign investment to aid in sustainable growth, improve its external financing situation, and boost industrial activity.
Schehzad said the increase marks the highest monthly figure in the past two years and a 77% increase from the previous month.
He noted that stronger investments from China, Canada, and the UAE, along with lower repatriation and outflows, fueled the growth and led to a much stronger net FDI position for the month.