business

February 19, 2019

FDI dips 17.6pc to $1.45bln in July-January

KARACHI: Foreign direct investment into Pakistan fell 17.6 percent year-on-year to $1.451 billion during the first seven months of the current fiscal year of 2018/19, the central bank’s data showed on Monday, as Chinese inflows happened to slow down on completion of early harvest projects.The July-January’s figures reflected the impacts of persistent contraction in Chinese inflows. The completion of early harvest projects under the China-Pakistan Economic Corridor framework led to a 27.7...