Foreign investment plunges by 40pc in two months

Foreign investment plunges by 40pc in two months
Updated on

Summary The component of foreign direct investment declined by 51 percent

KARACHI (Dunya News) – Total foreign investment into the country has been declined by 40 percent to $288 million in two months of this fiscal year on Friday.

According to a statement issued on Friday, the foreign private investment declined by 40 percent to $288 million in the first two months of fiscal year 2018/2019 as compared with $481 million in the same months of the last fiscal year.

Portfolio investment in the equity market has also witnessed outflows during the month. The outflow of $130 million was recorded in two months as compared with outflow of $156 million last year.

The component of foreign direct investment declined by 51 percent to $159 million as compared with $325 million of two months of last year.

 

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