Pakistan overseas direct investments dropped

By @ibtimes on

Overseas direct investment in Pakistan dropped 57% in the first two months of the fiscal year that started July 1 as investments in July and August declined to $3514 million compared with a previous $824.7 million a year earlier. Investors overseas bought $60.8 million of Pakistan stocks in July and August from a prior $178.3 million.

Overseas direct investment declined to $3.72 last fiscal year, while foreign investors bought $1.05 billion last fiscal year. Pakistan economy is expected to grow 3.3% during this year compared with 5.8% in the previous 12 months.

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