FDI in Feb 2019 grows by 27%, MoM

MG News | March 15, 2019 at 04:58 PM GMT+05:00

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March 15, 2019 (MLN): The State Bank of Pakistan has recorded a 27.4% month-on-month increases in Foreign Direct Investment (FDI) during February 2019. Compared to January’s FDI of $132.2 million, the figure this month reached $168.3 million.

Compared to last year however, the total FDI has observed a sharp decline of nearly 50% as direct investments in February 2018 stood at $331.5 million.

FDI, one of the two main components of foreign private investments, makes up the bulk of total investment in Pakistan.

The inflow of FDI in February was $232.1 million whereas outflow was recorded at $63.8 million.

Meanwhile portfolio investments in equity securities were recorded at $500 thousand.

On the other hand, the Foreign Public Investment logged in at $5.2 million, which brings the total foreign investment in Pakistan for the month at $174 million, up by 21% over the month (last figure: $143 million) and down by 39% compared to last year (last figure: $286.6 millon).

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