Foreign investment in Pakistan is plummeting, says World Bank

Last Updated: Thu, Dec 06, 2012 09:20 hrs

Foreign investment in Pakistan has declined by 4.13 billion dollars during the four years of the present government, the World Bank has revealed in a fresh report called 'World Investment and Political Risk'.

The report said that there was a continuous trend of decrease in foreign investment in Pakistan and a conspicuous decline was recorded in the tenure of the present government. It noted that 4.13 billion dollars investment decrease has been recorded from 2008 to 2011, reports The News.

The report said that 5.44 billion-dollar foreign investment was made in 2008 in Pakistan which is continuously falling, and had reduced to only 1.31 billion dollars in 2011.

According to the report, 5.59 billion-dollar foreign investment was made in Pakistan, which is the biggest ever investment made in the country.

In 2009, the investment reduced to 2.34 billion dollars, which further reduced to 2.02 billion dollars in 2010. (ANI)

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