Foreign Direct Investment in Pakistan Fell 53.2% in Four Months

[Metallic]

Foreign Direct Investment in Pakistan Fell 53.2% in Four Months
PAKISTAN - 18 NOVEMBER 2009

By Farhan Sharif

Nov. 18 -- Overseas direct investment into Pakistan dropped 53.2 percent in the first four months of the fiscal year that started July 1, the central bank said.

Investment in July-October period fell to $621.8 million from $1.33 billion a year ago, according to an e-mailed statement from the Karachi-based State Bank of Pakistan. Global funds bought $288.4 million more Pakistani stocks than they sold in the four months, compared with net sales of $173.9 million a year earlier, the central bank said.

Pakistan needs overseas investment to bolster an economy that expanded two percent in the year ended June 30, compared with 5.8 percent in the previous 12 months. The government forecasts gross domestic product will grow 3.3 percent this fiscal year.

Foreign direct investment fell to $3.72 billion last fiscal year, from $5.4 billion in the previous 12 months.


Source: Bloomberg

 

[KillBill]

Foreign Direct Investment in Pakistan Fell 53.2% in Four Months
PAKISTAN - 18 NOVEMBER 2009

By Farhan Sharif

Nov. 18 -- Overseas direct investment into Pakistan dropped 53.2 percent in the first four months of the fiscal year that started July 1, the central bank said.

Investment in July-October period fell to $621.8 million from $1.33 billion a year ago, according to an e-mailed statement from the Karachi-based State Bank of Pakistan. Global funds bought $288.4 million more Pakistani stocks than they sold in the four months, compared with net sales of $173.9 million a year earlier, the central bank said.

Pakistan needs overseas investment to bolster an economy that expanded two percent in the year ended June 30, compared with 5.8 percent in the previous 12 months. The government forecasts gross domestic product will grow 3.3 percent this fiscal year.

Foreign direct investment fell to $3.72 billion last fiscal year, from $5.4 billion in the previous 12 months.


Source: Bloomberg

Is it only because of the current situation at the western front or more to do with the current global economic situation?

 

[Nomad]

Is it only because of the current situation at the western front or more to do with the current global economic situation?

Let me explain it to you simply....you are sitting in some place in this world.
You have $100,000 (you can add as many zeroes to this number) to invest in whatever you choose, but realize, once the money is gone its gone for ever. What are the top five places you would choose? Is Pakistan in the number?

Now lets say you are a muslim, have the same amount of money, and want to invest in a muslim country to help the umah. Does Pakistan come in the top three?

Bottom line (if you are smart) is you will invest your money where you can be assured of a certain return for your investment, and where your capital is safe. Even then there are no guarantees.

I do not want to get into ROR, ROI, and a lot of complex terms the bankers use, the bottom line is where would you put your money?

I hoped I helped.

If you still have any doubts .... assume that the money you borrowed to invest is collateralized against property your family has owned for 200 years or more. What would you do?

 

[SMC]

It was 8 billion not too long ago. It's a combination of global crisis, terrorism, and a corrupt thug government lead by the thug-in-chief you-know-who * 0.1

 

[mltr]

Only FDI from for last 9 years and for last 30 yrs but they both felling like because your administration is so whether its military,ISI or gov....thats y FDI fells ....
To attract investment you have to

 

[BATMAN]

It was 8 billion not too long ago. It's a combination of global crisis, terrorism, and a corrupt thug government lead by the thug-in-chief you-know-who * 0.1

On top of that Sharif and Zardari are not an inspiration for investors.
Their own investments largely lies in UK and EU.

 

[mltr]

On top of that Sharif and Zardari are not an inspiration for investors.
Their own investments largely lies in UK and EU.

They are very smart investor they know future of....where you live.....and I belive tht the war between taliban and US will go on next 10 yrs...so they are doing smartest thing...invest outside..