Strong Decline In Foreign Investment

November 17, 2020Zayn0

Foreign investment in Pakistan decreased, during the first four months of the current financial year, the total foreign investment recorded a decline of 62%.

State Bank during the first four months of the fiscal year, the foreign investment total volume of 42 million to 55 million dollars to 88 million from 69 million the previous year dollar low. During October, the foreign investment total volume of 3 million to 66 million dollars to the low 84 percent from October last year.

New in the private sector by foreigners in Pakistan from July to October, according to the report, investment real volume of 58 million to 75 million dollars to 10 million last year dollar low, direct new industrial sector while foreign investors investment volume of 73 million to 31 million dollars is. However, the external stock market investment of 14 million to 56 million dollars, the withdrawal of foreign government bonds and T-bills in four months, investment from 16 million to 20 million dollars has been returned.

According to the report, 85 million dollar financial sector in the power sector during the 4-month dollar new investments made, most of the 33 million to 23 million in four months, the dollar New investment made in China while the British stock market investor from 6 million to 97 million dollars, and American investors 6 million to 24 million dollars taken out.

Extracted from City42 News

Zayn

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