The
State Bank of Pakistan (SBP) disclosed that for the period July to
December 2016 the Fixed Direct Investment (FDI) amounted to US$1.08
Billion, registering a growth of over 10 per cent versus the US$978
Million FDI for the same period in the last fiscal year. As per the
data, the overall investment has been increased by 52 per cent to
approximately US$1.8 Billion for the period July to December 2016, due
to the inclusion of the borrowings under the Eurobond offering by the
Government. The fact is that FDI inflows into Pakistan have maintained a
steady decline, from a peak of US$5.2 Billion in the period 2007-08,
mainly as a result of a fragile security situation, ongoing political
instability, and serious governance issues. In contrast to the
investment situation in Pakistan, our neighbor, India, has been able to
consistently attract FDI of around US$25-30 Billion annually.Tuesday 17 January 2017
Of FDI and Subsidies
The
State Bank of Pakistan (SBP) disclosed that for the period July to
December 2016 the Fixed Direct Investment (FDI) amounted to US$1.08
Billion, registering a growth of over 10 per cent versus the US$978
Million FDI for the same period in the last fiscal year. As per the
data, the overall investment has been increased by 52 per cent to
approximately US$1.8 Billion for the period July to December 2016, due
to the inclusion of the borrowings under the Eurobond offering by the
Government. The fact is that FDI inflows into Pakistan have maintained a
steady decline, from a peak of US$5.2 Billion in the period 2007-08,
mainly as a result of a fragile security situation, ongoing political
instability, and serious governance issues. In contrast to the
investment situation in Pakistan, our neighbor, India, has been able to
consistently attract FDI of around US$25-30 Billion annually.
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