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Daily Times July 18, 2021 Chairman Pakistan Industrial and Traders Associations Front (PIAF) Mian Nauman Kabir expressing serious concern over the declining trend in foreign direct investment has said that FDI remained negative and posted a decline of 29 percent during the last fiscal year (FY21) despite some positive developments on the economic front. Quoting the State Bank of Pakistan, he said that foreign investors invested $1.85 billion in Pakistan on account of FDI during FY21 compared to $2.50 billion in same period of FY20, down by $750 million. During the period under review, the country fetched FDI inflows amounted to $3 billion against the outflow of $1.16 million. A massive fall in the FDI has been attributed mainly to a major fall in the Chinese investment in CPEC projects, as net FDI from China was down by over 10 per cent to $758 million in FY21 compared to $847 million FDI in FY20. ....
Structural reforms vital for consistent economic growth: Chairman PIAF dailytimes.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytimes.com.pk Daily Mail and Mail on Sunday newspapers.
PIAF Chairman demands relief-focused budget for trade and industry dailytimes.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytimes.com.pk Daily Mail and Mail on Sunday newspapers.
PIAF Chairman for extending permission to grocery stores to operate 24/7 dailytimes.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytimes.com.pk Daily Mail and Mail on Sunday newspapers.