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State Bank data shows Foreign Investment up by 85 percent | Business

KARACHI: Foreign investment in Pakistan rose 84.5 percent with a dollar amount increase of 1.968 billion more inflows, according to the State Bank of Pakistan  

The central bank’s data showed on Friday that the foreign investment increased from $2.3305 billion during July-Feb FY17 to $4.2993 in July-Feb FY18. 

Data shows that the increase is due to government borrowing of $2.4514 billion through issue of bonds, notes and dollar bearer certificates, compared to $1.0035 billion during the same period in the previous fiscal. 

The central bank data shows that while portfolio investment witnessed a net outflow of $93.5 million from equity securities, the number has decreased from $351.9 million in the same period a year earlier. 

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