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Net foreign direct investment into Pakistan declined 9.7% between July and February compared to the same period a year earlier, according to central bank data, which showed inflows of $1.405 billion and outflows of $900.7 million. In February alone, net foreign direct investment fell to $13.8 million from $35.4 million a year earlier. An Asian Development Bank official also recently stated that Pakistan will need another loan package from the IMF before the end of the year to avoid an economic crisis due to

Author

Sharjil ZaiDi

Language

EN