FDI decreases by 1.3 percent during eleven months
MG News | June 20, 2018 at 11:35 AM GMT+05:00
According to the latest data released by the State Bank of Pakistan, Foreign direct investment from July 2017 to May 2018 witnessed a fall of 1.3 percent.
Total Foreign direct investment during July 2017 to May 2018 reaches to $2.47 billion.
Amongst the particulars, Net foreign investment during July 2017 to May 2018 rose by 52 percent reaching $4.7 billion rising primary due to selling in Foreign Bonds.
Pakistan during 11 months of current fiscal year sold bond worth $2.5 billion.
However, on the bright side, foreign selling in Pakistan Stock Exchange (PSX) slowed down during the period under review. Total Foreign outflow amounted to $162 million compared to $392 million in same period last year.
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