Increase In FDI.
According to the State Bank of Pakistan (SBP), Pakistan has made a significant improvement in attracting foreign direct investment (FDI) during the first half of the current fiscal year (FY). The FDI inflows in the first half of the current FY jumps 68.3 per cent in comparison to the figures in the same period last year. The increase in FDI means that the government is succeeding in making Pakistan an attractive place of investment for foreign businesses. Pakistan Tehreek-e-Insaf (PTI) rightly deserves appreciation for this. The government's focused efforts, to bring about reforms and positive impacts in the ease of doing business area, are bearing fruits in the form of an increase in FDI. Hopefully, the government policies will see further improvements, and, as a result, more FDI inflows will come to the national kitty in the future.
That much said it is, however, essential for the government to make more and more sectors attractive for foreign investments. Since, the significant chunk of this year investments was concentrated in two major sectors, i.e., telecommunication and power and...
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