Foreign investment in Pakistan declines 23pc

KARACHI:Foreign investment in different sectors of Pakistan’s economy slowed down by 23% to $1.62 billion in first eight months (Jul-Feb) of the current fiscal year 2018-19.

Despite a notable drop in cumulative investment from China, the all-season friend still remained the largest foreign investor in Pakistan in Jul-Feb FY19.

On the other hand, construction and power sectors emerged as the top two sectors in terms of drawing foreign investment.

Foreign direct investment (FDI) stood at $2.09 billion in the corresponding eight months of the previous fiscal year, the State Bank of Pakistan (SBP) reported on Friday.


 

Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.