KARACHI: The country witnessed decline in foreign direct investment (FDI), which fell by eight per cent to $824 million during the first 10 months of current fiscal year.
According to the State Bank, the portfolio investment showed a tremendous growth, rising to $841m from $153m last year, pushing up the overall foreign private investment by 58pc to $1.666 billion. Pakistan has been the lowest recipient of FDI inflows among the regional countries.
Highest FDI during the 10 months was received from the United States ($211m), followed by China ($203m).
