foreign investment in Pakistan has increased by more than 44 per cent

Lahore : Net foreign investment in Pakistan has increased by more than 44 per cent in the first seven months of the current fiscal year as compared with the corresponding period of preceding year.

A report published in a section of press quoting the State Bank of Pakistan (SBP) said net foreign investment stood at $1.18 billion between July and January 2010-11.

According to the report, net foreign portfolio investments increased by 176 percent to reach $234.8 million, helping bolster total investments, even though foreign direct investments dropped by 16 per cent to $947 million.