Pakistan’s foreign direct investment (FDI) has improved by 88% in fiscal year 2020 to $2.56 billion with major investment coming in the power and telecommunication sectors from China and Norway respectively.
The overall 91 per cent growth in Foreign Direct Investment (FDI) in Pakistan got major support from an increase in Chinese investment, mainly in power projects under the frame of China-Pakistan Economic Corridor (CPEC).
Across Pakistan's "mango belt" in Punjab and Sindh provinces, farmers say a long winter and changing rain patterns have slashed production by up to half this year -- just as virus shutdowns sparked border restrictions and spiralling export costs.
Overseas Investors Chamber of Commerce and Industry (OICCI), the largest chamber in terms of economic contribution and representing top 200 foreign investors in Pakistan,
Minister for Information and Broadcasting Shibli Faraz has said that four hundred billion rupees (Rs400 billion) construction related projects will be initiated in the last quarter of the current year.
The Securities and Exchange Commission of Pakistan’s (SECP) Policy Board met in Islamabad at the SECP Headquarters under the Chairmanship of Professor Khalid Mirza.
PSX has launched two ETFs, namely the UBL Pakistan Enterprise ETF offered by UBL Funds and NIT Pakistan Gateway ETF offered by NIT.
The Economic Coordination Committee of the Cabinet (ECC) has approved fund worth billions of rupees for, fighting the spread of Coronavirus, civil work, FATA TDP emergency recovery project, and Sustainable Development Goals Achievement Programme.
The Chaman-Spin Boldak border between Pakistan and Afghanistan has on Saturday been opened for trade on the directions of Prime Minister Imran Khan as dozens of trucks crossed over into Afghanistan.