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).