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Investment, Pakistan

Volume 645: debated on Wednesday 26 July 1961

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asked the Chancellor of the Exchequer if he will indicate the total of British investment in Pakistan for the years 1955 to 1961, giving separate details of direct and portfolio investments.

Total private investment in Pakistan amounted to about £1 million in 1958 and £2 million in 1959. Direct investment—excluding investment by the oil and insurance industries—accounted for about half the total in 1958 and virtually the whole amount in 1959. Comparable figures are not available for earlier years and figures for individual countries for 1960 and 1961 are not yet ready.