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Foreign investment decreases by 75% to $680.31m in 10 months

byCT Report
17/06/2016
in Business
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ISLAMABAD: Foreign investment in the country has decreased by 75 percent in ten months of the fiscal year 2015-16 than the previous financial year, the State Bank of Pakistan reported Friday.

Statistics released by the central bank show that $680.31 million were invested in Pakistan in July 2015-May 2016 period which is $2.11 billion lesser than the first eleven months of 2014-15.

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Direct investment rose by $1.8 billion however, withdrawals from the stock market resulted in stagnating total foreign investment in private sector at $700 million. $20 million were withdrawn from the government sector.

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