FDI down: PM has nothing to show for foreign trips

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Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on Friday claimed that Prime Minister Nawaz Sharif’s overseas tours had remained fruitless as Foreign Direct Investment (FDI) in Pakistan had plummeted to less than $1 billion during the last fiscal year.

In a message posted on social media, Khan said that the PM’s tours cost Pakistan Rs 650 million but nothing has been achieved.

He blamed ‘corruption’ and investment by PM’s children outside Pakistan for the decline in FDI.

Comparing PM’s overseas tours with his Indian counterpart’s visits, Khan said that Modi brought in billions of dollars of investment into India.

Khan alleged that PM Sharif travels abroad only to expand his foreign business empire and settle financial issues in the wake of Panama Leaks.