World Economy

Pakistan FDI Rises

Pakistan FDI RisesPakistan FDI Rises

With 53% inflows from China, the FDI in Pakistan increased by just 10% during the first 11 months (July-May) of 2015-16. However, the China-Pakistan Economic Corridor project is yet to attract foreign direct investment in a big way, AAP reported. The details of the FDI data released by the State Bank of Pakistan showed that many countries which invested in Pakistan slashed their investment or disinvested during the outgoing fiscal year. The FDI during the 11 months period reached $1,083 million compared to $980 million during the same period of last year.