Foreign investment falls 63.9 percent in July-January


Pakistan’s foreign investment fell 63.9 percent to $446.2 million in the first seven months of 2011/12 fiscal year because of a decrease in foreign direct investment and foreign portfolio investment, State Bank of Pakistan said on Wednesday.

Foreign investment totalled $1.24 billion in the same period last fiscal year.

Foreign direct investment fell 40.7 percent to $593.9 million in the July-January period of 2011/12 fiscal year, from $1 billion in the same period last fiscal year, SBP said.

Foreign portfolio investment fell 162.9 percent with outflows of $147.7 million in the first seven months of 2011/12 fiscal year, compared with inflows of $234.8 million in the same period last year.

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