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Pakistan attracts $1.9bn foreign investment in July

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Anjum Wahab
Anjum Wahab
Anjum Wahab reports business for ARY News

KARACHI: Pakistan attracted $1.9 billion worth of foreign direct investment (FDI) in the first month of the current fiscal year, data released by the State Bank of Pakistan (SBP) on Tuesday showed.

According to figures, the overall foreign private investment dropped by 30 per cent to $88 million in July.

Also Read: WORKERS’ REMITTANCES CROSS $2BN MARK FOR 14TH STRAIGHT MONTH IN JULY

The Pakistan Stock Exchange (PSX) saw net outflows of $1.1 million, registering a 98 per cent decline compared to the same period of last year.

The government sector attracted $1 billion worth of foreign direct investment.

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