Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News AD
Mettis Global News AD

Trending :

FDI decreases by 13.7% MoM in November 2022

PKR trades over 52 paisa lower against USD
Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

December 17, 2022 (MLN): The inflow of foreign direct investment (FDI) into Pakistan during November stood at $81.8 million against the inflow of $94.9mn recorded in the previous, went down by 13.7% MoM, the monthly data released by the central bank showed on Friday.

On yearly basis, FDI fell by 48.3% from $158.4mn in November’21.

During Jul-Nov FY23, FDI inflows dropped by 19% to $430.1mn from $884.9mn in Jul-Nov FY22.

Country-wise, investors belonging to China invested $27.7mn, followed by UAE, Switzerland, and the Netherland with net investments of $12.7mn, $11.8mn, and $6.2mn respectively.

During the month under review, the foreign private investment into the country amounted to $82.6mn, out of which, $81.8mn was attributed to direct investments.

Within the direct investments, there was an inflow of $166.5mn and an outflow of $84.7mn during the month under review.

Copyright Mettis Link News

Posted on: 2022-12-17T19:56:13+05:00