Pakistan Today

Pakistan attracted $11.464b FDI in last five years

Pakistan received $11.464 billion in Foreign Direct Investment (FDI) in last five years, according to official documents. The documents reveal that the country attracted $2.6208 billion FDI in 2007-08 (March-June) and $3.7199 in the financial year 2008-09. In 2009-10, the country attracted $2.1508 billion as FDI whereas the figure stood at $1.6348 billion in 2010-11 and $0.8126 billion in 2011-12 In 2012-13 (January-July) FDI stood at $0.5251 billion. Meanwhile, National Database and Registration Authority (NADRA) earned a sum of Rs 7.5 billion from overseas Pakistanis as fee for issuance of computerised National Identity Card for Overseas Pakistanis (NICOP) during the last four years. According to breakup, NADRA earned Rs 1.3 billion as NICOP fee during July 2012 to March 2013, Rs 2.1 billion in 2011-12, Rs 1.7 billion in 2010-11, Rs 1.5 billion in 2009-10 and Rs 1.2 billion in 2008-09 from expatriate Pakistanis.

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