KARACHI - Foreign Direct investment (FDI) in Pakistan has declined by 28 per cent to $1.082 billion during nine months (July-March) of current financial year 2010-11, compared with $1.503.9 billion in the same period last year, the SBP reported on Thursday. Net foreign investment in the country fell 0.3 per cent to $1.318 billion in July-March FY11 from $1.321 billion during the corresponding period of the previous fiscal year. Showing a massive 229.0 per cent YoY growth, the inflow of portfolio investment at the local equity market stood at $235.5 million against $182.6 million during July-March FY11. According to latest figures on foreign investment in Pakistan issued by the central bank here yesterday, the total foreign private investment inflow with privatisation and without privatisation proceeds declined to $1.387 billion from $1.960 billion, depicting 29.2 per cent negative growth over the same period last year.