There is a negative growth in the Foreign Direct Investment which is adversely affecting Pakistan. The decline in FDI is not the only factor that is affecting the country’s economic growth. Surprisingly, the repatriation of profits and dividends overseas by foreign investors has also doubled in the first quarter of this fiscal year 2011-2012, as compared to the same period last year. Repatriations are now 75 per cent of FDI inflows, which is a big jump up from 32 per cent last year. Government urgently needs to work with existing investors to overcome business bottlenecks in the current difficult environment.
Khalil Hamdani
lahore