Foreign investment lessened by 75 pc in ten months of 2015-16: SBP
USD 20 million were withdrawn from the government sector
ISLAMABAD (Dunya News) – Foreign investment in Pakistan lessened by 75 percent in ten months of the fiscal year 2015-16 than the previous financial year, reported Friday.
Statistics released by State Bank of Pakistan 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.
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.
USD 20 million were withdrawn from the government sector.
