KARACHI: The inflows of foreign investment into Pakistan has increased by 23.3 percent to $1.45 billion during July – January 2017/2018 as compared with $1.17 billion in the corresponding period of the last fiscal year, according to data released by State Bank of Pakistan (SBP) on Thursday.
The increase mainly attributed to contraction in outflows from the capital market due to increased sentiments of foreign investors. The outflows from the equity market were at $34 million during first seven months of the current fiscal year as compared with outflows of $353.3 million in the corresponding period of the last fiscal year.
The foreign direct investment (FDI) however registered decline by 3 percent to $1.48 billion during July – January 2017/2018 as against $1.53 billion in the corresponding period of the last fiscal year.