Pakistan, Aug. 11 -- Foreign companies already operating in Pakistan invested more than $23 billion in the country over the past decade, exceeding cumulative net foreign direct investment of about $21 billion during the same period, the country's largest foreign investors' chamber said on Monday.

The comparison underscores a persistent challenge for Pakistan: established multinational companies have continued reinvesting in the country, but Islamabad has struggled to attract substantially larger amounts of new foreign capital.

Pakistan has stabilized after a severe balance-of-payments crisis in 2022-23 pushed it close to default and forced it to seek another bailout from the International Monetary Fund. Under a $7 billion IMF program ap...