October 18, 2021 (MLN): Foreign direct investment in Pakistan stood at $236 million during September’21, up by 2.1x MoM against the net inflow of $113.2mn recorded in Aug’21.
While on yearly basis, it jumped by 16% YoY when compared to the net investment of $202.8mn during September’20.
According to the data compiled by the State Bank of Pakistan, FDI declined by 4% YoY to $439.1mn during 3MFY22, i.e., July to September, as compared to FDI of $457.6mn reported in the corresponding period last year.
During the month of September, the Foreign Private Investment into the country amounted to $150.5mn, out of which, $236mn was attributed to Direct Investments, whereas disinvestment of $85.5mn was attributed to Equity Securities i.e., a part of Portfolio Investments.
Within the Direct Investments, there was an inflow of $306.3mn and an outflow of $70.3mn during the month.
Under the Foreign Public Investment, $3.3mn worth of investment was witnessed in debt securities during September’21 against the inflows of $21.9mn in Sep’20 and disinvestment of $25.5bn recorded in Aug’21.
All in all, the Foreign Investments in Pakistan during the month amounted to $153.8mn when compared to net inflows of $192.5mn in Sep’20 and $74mn in the previous month.
Copyright Mettis Link News