FDI in Pakistan up by 26% MoM in Aug’21

September 17, 2021 (MLN): Foreign direct investment in Pakistan stood at $113.2 million during August’21, showing an increase of 26% MoM against the net inflow of $89.9mn recorded in July’21.

However, it fell by 10% YoY when compared to the net investment of $126.1mn during August’20.

According to the data compiled by the State Bank of Pakistan, FDI declined by 20.3% YoY to $203.1mn during 2MFY22, i.e., July to August, as compared to FDI of $254.8mn reported in the corresponding period last year.

During the month of August, the Foreign Private Investment into the country amounted to $99.6mn, out of which, $113.2mn was attributed to Direct Investments, whereas disinvestment of $13.6mn was attributed to Equity Securities i.e., a part of Portfolio Investments.

Within the Direct Investments, there was an inflow of $183.2mn and an outflow of $70mn during the month.  

Under the Foreign Public Investment, $25.5mn worth of disinvestment was witnessed in debt securities during August’21 against the investment of $1.002bn recorded in July’21.

All in all, the Foreign Investments in Pakistan during the month amounted to $74mn when compared to net inflows of $1.09bn recorded in July’20

Copyright Mettis Link News