A boost in FDI

21 Jan, 2019

It is heartening to note that the inflows of Foreign Direct Investment (FDI) have increased by 17 percent in December 2018 over the same period a year before. According to media reports, the country witnessed a 17 percent increase in FDI during December 2018 to $319.2 million as opposed to $272.8 million during the same month of December 2017. Foreign direct investment inflows from China were $120.6 million followed by Norway and the Netherlands with investments of $65.2 million and $47.6 million, respectively.
The boost in FDI inflows is like the first drop of rain which always brings a smile on our faces. But the PTI is required to work harder; a significant boost in country's exports and home remittances of overseas workers will also certainly help the government to tide over the challenge of external sector.

Read Comments