Foreign direct investment jumps 51pc

KARACHI: Foreign Direct Investment (FDI) jumped by 51.7 per cent to $258 million in March compared to $170m in the same month last year.

Higher FDI inflows amid prevailing economic and political uncertainties, particularly after the general elections, would help the new government improve the country’s image abroad through economic reforms.

However, the State Bank of Pakistan data released on Monday showed that the FDI inflows in the first nine months of the current fiscal year...