1
KARACHI: Outflow of profits and dividends from the country rose to $2 billion in FY18 compared to $1.7bn witnessed in FY17, the State Bank of Pakistan (SBP) on Thursday.
The country has been facing a difficult situation since inflow of foreign investment in the country is not significantly higher than the outflow of profits and dividends. The country received just $2.767bn in foreign direct investments in FY18 while the outflow stood at $2bn, indicating a serious shortage of inflow.
Details further show that the country had to pay about $2.32bn, including outflow through portfolio investments.
Published in Dawn, July 27th, 2018
