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Reading: FDI jumps up 19pc in July-Nov
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PhotoNews Pakistan > Business > FDI jumps up 19pc in July-Nov
Business

FDI jumps up 19pc in July-Nov

Web Desk
By Web Desk Published December 17, 2014 1 Min Read
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Foreign private investment (FPI) rose by 82 per cent to $630 million in the first five months (July-November) of this fiscal year, the State Bank said yesterday.

The main reason for the jump was a rise in the portfolio investment, while the foreign direct investment (FDI) showed moderate improvement during the period.

Total portfolio investment was $207m against a net outflow of $9m in the same period last year.

The FDI, the most important inflow which gives the real picture of foreign investment in a country, grew by 19pc to $422m over last year. However, the inflow size, the lowest in region, is not significant for an economy of 200 million people.

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