FDI inflow falls in Pakistan by over 28 percent in Q1

Karachi, Pakistan (BBN) – Inflow of net foreign direct investment (FDI) in Pakistan fell by 28.45 percent to US$455.1 million in the first quarter (Q1) of the current fiscal year compared with $636.1 million in the same period of the previous fiscal.

Besides, foreign portfolio investment dropped by 67.5 percent to $67.7 million during July-September period of the fiscal 2010-11 against $208.2 million in the same period last year, according the State Bank of Pakistan (SBP), the country’s central bank, statistics, released on Friday.

A shaky security situation coupled with chronic power shortages has put off investors to invest in the South Asian country, experts said.

BBN/SI/AD-15Oct10-1:44 am (BST) 

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