Foreign Direct Investment Drops by 51% in 2 Months
From the Blog propakistani The newly elected government has a challenging economic situation to contend with as the net Foreign Direct Investment (FDI) has dropped significantly by 51 percent in the first two months of the current financial year 2018-19. According to statistics updated by State Bank of Pakistan (SBP), the net FDI inflows received by the country stand at $158.7 million during the period of July and August, which decreased from $325 million of the net FDI registered in the corresponding year of last financial year, showing a reduction of $166 million. FDI inflows from the real sector received stand at $158 million whereas the inflows under Foreign Portfolio Investment stand merely at $0.1 million in the months of July and August. China is the major contributor of the FDI with investment pakistanblogs.blogspot.comRead Full Post
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