FDI doubles YoY in January 2023 to reach $222.6mn
.png)
MG News | February 21, 2023 at 10:46 AM GMT+05:00
February 21, 2023 (MLN): Foreign direct investment (FDI) in Pakistan stood at $222.6 million in January 2023, registering a whopping growth of over 2x YoY compared to $109mn in January 2022, latest data issued by State Bank of Pakistan (SBP) showed.
Within the direct investments, there was an inflow of $244.3mn and an outflow of $21.6mn during the month.
The foreign private investment into the country amounted to $221.5mn, which jumped by 2x YoY compared to $109.6mn in January 2022.
Under the foreign public investment, all the investment was concentrated into portfolio investment worth $8.7mn against the inflow of $1bn in January 2022.
Accordingly, the total foreign investment in the review month clocked in at $230mn, down by 80.25% YoY compared to the same period last year.
However, within 7MFY23, FDI plunged by 44.2% YoY to $683.5mn as compared to FDI of $1.22 billion reported in the corresponding period last year.
Meanwhile, in the total foreign investment in 7MFY23, the country witnessed an outflow of $341.4mn, compared to an inflow of $1.87bn in 7MFY22.
Copyright Mettis Link News
Related News
Name | Price/Vol | %Chg/NChg |
---|---|---|
KSE100 | 138,597.36 256.32M | -0.05% -68.14 |
ALLSHR | 85,286.16 608.38M | -0.48% -413.35 |
KSE30 | 42,340.81 77.13M | -0.03% -12.33 |
KMI30 | 193,554.51 76.19M | -0.83% -1627.52 |
KMIALLSHR | 55,946.05 305.11M | -0.79% -443.10 |
BKTi | 38,197.97 16.53M | -0.59% -225.01 |
OGTi | 27,457.35 6.73M | -0.94% -260.91 |
Symbol | Bid/Ask | High/Low |
---|
Name | Last | High/Low | Chg/%Chg |
---|---|---|---|
BITCOIN FUTURES | 117,670.00 | 121,165.00 117,035.00 | -1620.00 -1.36% |
BRENT CRUDE | 69.23 | 70.77 69.14 | -0.29 -0.42% |
RICHARDS BAY COAL MONTHLY | 96.50 | 0.00 0.00 | 2.20 2.33% |
ROTTERDAM COAL MONTHLY | 104.50 | 104.50 104.50 | -0.30 -0.29% |
USD RBD PALM OLEIN | 998.50 | 998.50 998.50 | 0.00 0.00% |
CRUDE OIL - WTI | 66.03 | 67.54 65.93 | -0.20 -0.30% |
SUGAR #11 WORLD | 16.79 | 17.02 16.71 | 0.05 0.30% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
Name | Last | Chg/%Chg |
---|
Name | Last | Chg/%Chg |
---|