Foreign investment plunges by 40pc in two months
The component of foreign direct investment declined by 51 percent
KARACHI (Dunya News) – Total foreign investment into the country has been declined by 40 percent to $288 million in two months of this fiscal year on Friday.
According to a statement issued on Friday, the foreign private investment declined by 40 percent to $288 million in the first two months of fiscal year 2018/2019 as compared with $481 million in the same months of the last fiscal year.
Portfolio investment in the equity market has also witnessed outflows during the month. The outflow of $130 million was recorded in two months as compared with outflow of $156 million last year.
The component of foreign direct investment declined by 51 percent to $159 million as compared with $325 million of two months of last year.
