Karachi: Nearly 65 per cent fall was seen in foreign investment into Pakistan to $516 million in first nine months of the current fiscal year as direct investment decreased by almost half and fund flows turned negative, the State Bank said.
Foreign investment totalled $1.46 billion in the same period last fiscal year, SBP said.
Foreign direct investment fell 48.2 percent to $599.1 million in the July-March period and portfolio investment turned negative by $83.1 million, the SBP said.
The current account had a provisional surplus of $142 million in March, compared with a surplus of $184 million in the same month the previous year.
The deficit was $260 million in February 2012.
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