FDI falls 57.8% YoY In June to $114m

MG News | July 18, 2023 at 01:32 PM GMT+05:00

0:00

July 18, 2023 (MLN): Foreign direct investment (FDI) in Pakistan stood at $114.13 million in June 2023, registering a decrease of 57.8% YoY and 23.6% MoM compared to $271.1m in June 2022 and $149.6m in May 2023, the latest data issued by State Bank of Pakistan (SBP) showed.

Within the direct investments in the review month, there was an inflow of $141.4m, down by 20.56% MoM and 51.81% YoY, while the outflow stood at $27.1m, down by over 4.62% MoM and 21.27% YoY.

The foreign private investment into the country reduced by 17.99% MoM to clock in at $111.1 m in June 2023.

Meanwhile, the foreign public investment clocked in at $39,786 during the review month, compared to a negative $1m in May 2023.

Accordingly, the total foreign investment in the review month inched down by 17.33% MoM to clock in at $111.2m, compared to $134.5m in May 2023.

Within FY23, FDI decreased by 24.8% YoY to $1.456bn as compared to FDI of $1.936bn reported in the corresponding period last year.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	179,603.73 379.80M	-0.50% -908.92
ALLSHR	108,021.19 705.75M	-0.35% -379.48
KSE30	54,828.33 124.04M	-0.69% -379.24
KMI30	253,396.08 110.85M	-0.77% -1976.44
KMIALLSHR	69,330.18 392.81M	-0.57% -398.02
BKTi	51,913.39 44.12M	-0.50% -259.93
OGTi	35,053.03 27.27M	-0.84% -295.86

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	68,980.00	69,580.00 65,970.00	3480.00 5.31%
BRENT CRUDE	67.73	68.05 66.89	0.21 0.31%
RICHARDS BAY COAL MONTHLY	96.00	0.00 0.00	-1.50 -1.54%
ROTTERDAM COAL MONTHLY	104.60	104.60 104.60	1.30 1.26%
USD RBD PALM OLEIN	1,071.50	1,071.50 1,071.50	0.00 0.00%
CRUDE OIL - WTI	62.81	63.26 62.14	-0.03 -0.05%
SUGAR #11 WORLD	13.55	13.57 13.42	0.07 0.52%