KARACHI: The net inflow of foreign direct investment (FDI) declined 30pc during the first eight months (July–February) of the current financial year (2020-21) owing to a significant increase in outflows. The overall inflow of private foreign investment fell 43pc to $1.04 billion during the period under review as compared with $1.83 billion last year. The portfolio investment saw an outflow of $256 million in 8MFY21 as compared to $26.3 million in the same period of last year. Foreign public investment recorded an outflow of $132 million during the period under review as compared with inflows of $2.16 billion last year. China, Netherlands and Hong Kong remained the top three investors in Pakistan with net FDI of $494 million, $117.8 million, and $106.3 million, respectively.

Source: Pakistan Today March 17, 2021 16:30 UTC