KARACHI - President of Pakistan German Business Forum Saifuddin N. Zoomkawala while presenting, annual report of PGBF in the 2nd Annual General Meeting mentioned the activities of the Forum to the members, says a press release. Although there is a steep decline in the foreign direct investment in Pakistan so far in the current fiscal year and the main reason for this could be that majority of the foreign companies have been avoiding investing capital despite recovery in financial status from the global credit crunch but things are better and getting on the right track and I have no hesitation to say that next fiscal year would be a year of hope.