Federal government faces yet another economic blow

Federal government faces yet another economic blow
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ISLAMABAD – Federal government faces yet another economic blow.

Foreign investment in the first quarter of current fiscal year decreased by 60 percent, according to data released by the State Bank of Pakistan.

Foreign investment in July to September 2018 amounted to $254 million compared to $637 million from the corresponding period from last year.

Foreign direct investment dropped by 43% to $440 million.

The foreign outflow from stock market in the quarter amounted to $186 million compared to $78 million compared to corresponding period from last year.

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