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Afghanistan crisis may shrink Pakistan s economy

Pakistan economy: Afghanistan crisis may shrink Pakistan s economy

Weekly Rupee view: INR looks set to appreciate - The Hindu BusinessLine

Weekly Rupee view: INR looks set to appreciate - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Pakistan FDI plunges by 28 9 pc in FY21, trade deficit grow

Pakistan FDI plunges by 28.9 pc in FY21, trade deficit grow ANI 04 Aug 2021, 15:55 GMT+10 Islamabad [Pakistan], August 4 (ANI): Owing to the outbreak of the COVID-19 pandemic, Pakistan s net Foreign Direct Investment (FDI) has been decreased by 28.9 percent in the financial year 2021, as well as its trade deficit widened by 81.4 per cent. Minister In-charge of the Prime Minister s Office in written replies to the questions of the members told the National Assembly during the question hour session on Monday that the net FDI stood at USD 1.847 billion during the period of 2020-21, reported Business Recorder. He said that since, the outbreak of the COVID-19 pandemic, the global economy toppled and overall FDI flows across the world went down by 35 per cent in 2020 and this also affected the FDI inflows into Pakistan due to which net FDI decreased by 28.9 per cent in the financial year 2021.

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