FDI down 27.4pc to $1.145bln in Jul-Jan
Business February 23, 2021 KARACHI: Pakistan’s foreign direct investment (FDI) fell 27.4 percent in the seven months of this fiscal year, hurt by dropping investor confidence in the economy due to the stalled International Monetary Fund (IMF) loan programme and slippage in global growth amid the coronavirus pandemic. Data issued by the central bank showed on Monday that the country attracted $1.145 billion in FDI in July-January FY2021, compared with $1.577 billion in the corresponding period of last fiscal year. January’s FDI inflows were $192.7 million, down 12.24 percent from a year a...