August 18, 2023 (MLN): Foreign direct investment (FDI) in Pakistan stood at $87.7 million in July 2023, registering a notable decline of 23.16% MoM compared to $114.13m in June 2023, the latest data issued by the State Bank of Pakistan (SBP) showed.
While on a yearly basis, the FDI witnessed a rise of 14.71% YoY as compared to $74.8m in the same period last year.
Within the direct investments in the review month, there was an inflow of $147.7m, up by 19.1% YoY, and 4.46% MoM while the outflow stood at $60m, up by over 2.21x MoM and 21.9% YoY.
With respect to the portfolio investment under FDI, an inflow of $16.3m was witnessed through equity securities, reflecting a rise of 4.41x YoY.
The foreign private investment into the country amounted to $104m in July 2023, which jumped by 32.4% YoY compared to $78.5m in July 2022.
Meanwhile, foreign public investment stood at $6m during the review month.
Accordingly, the total foreign investment in the review month clocked in at $110m, compared to $111.2m in June 2023.
