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ISLAMABAD, Jan 19 (APP):Minister for Parliamentary Affairs Dr Tariq Fazal Chaudhry on Monday informed the Senate that Pakistan’s foreign direct investment (FDI) had increased to $2.48 billion during the current fiscal year, reflecting growing investor confidence despite economic and security challenges.
Responding to a motion moved by Senator Mohsin Aziz, the minister said that according to figures of the State Bank of Pakistan, FDI as of July 2025 stood at $2.48 billion, compared to $2.34 billion in the corresponding period last year, showing an increase of $142 million.
He said global companies often made strategic decisions based on market dynamics, but stressed that several international firms were currently investing in Pakistan. These included companies from the Middle East, the United States and other regions, as well as major entities such as Aramco-linked groups, Nova Minerals and other multinational investors.
Tariq Fazal said the government was focused on facilitating industries and investors by improving the business environment, ensuring operational ease and supporting industrial growth to enhance overall economic activity.
He said wide-ranging reforms had been carried out in the Federal Board of Revenue (FBR), including digitisation and a shift towards a faceless system to reduce human intervention, improve transparency and address issues of excessive taxation.
He said that detailed briefings on these reforms would be provided to the relevant committee.
The minister said the Special Investment Facilitation Council (SIFC) platform had also played a key role in attracting investment, with multiple memorandum of understanding signed with different countries.
He said Pakistan’s improved international standing, enhanced passport credibility and recent diplomatic and economic developments had contributed to rebuilding global trust. He emphasised that political stability, national unity and addressing security concerns were essential for sustaining investor confidence.