It is heartening to note that the inflows of Foreign Direct Investment (FDI) have increased by 17 percent in December 2018 over the same period a year before. According to media reports, the country witnessed a 17 percent increase in FDI during December 2018 to $319.2 million as opposed to $272.8 million during the same month of December 2017. Foreign direct investment inflows from China were $120.6 million followed by Norway and the Netherlands with investments of $65.2 million and $47.6 million, respectively.

The boost in FDI inflows is like the first drop of rain which always brings a smile on our faces. But the PTI is required to work harder; a significant boost in country's exports and home remittances of overseas workers will also certainly help the government to tide over the challenge of external sector.

Copyright Business Recorder, 2019