FDI jumps by 61.8% MoM in March

MG News | April 20, 2023 at 11:02 AM GMT+05:00

0:00

April 20, 2023 (MLN): Foreign direct investment (FDI) in Pakistan stood at $163.4 million in March 2023, registering a notable surge of 61.8% MoM compared to $100.9mn in February 2023, the latest data issued by State Bank of Pakistan (SBP) showed.

While on yearly basis, the FDI made a turnaround as last year in March, the FDI witnessed a net outflow of $30.4mn.

Within the direct investments in the review month, there was an inflow of $210.7mn, up by 75% MoM and 5.8% YoY while the outflow stood at $47.3mn, up by over 2x MoM whereas on yearly basis, it dropped by 79% YoY.

The foreign private investment into the country amounted to $166mn in March 2023, which jumped by 55.8% YoY compared to $106.5mn in March 2022.

Meanwhile, no investment was recorded under the foreign public investment during the review month.

Accordingly, the total foreign investment in the review month clocked in at $166.1mn, compared to $106.5mn in February 2023.

Within 9MFY23, FDI decreased by 23% YoY to $1bn as compared to FDI of $1.35bn reported in the corresponding period last year.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	184,409.67 393.48M	-0.61% -1133.34
ALLSHR	110,382.58 1,026.61M	-0.45% -501.36
KSE30	56,593.88 158.22M	-0.71% -404.12
KMI30	259,208.41 213.19M	-0.87% -2263.77
KMIALLSHR	70,710.78 493.25M	-0.60% -427.51
BKTi	53,774.72 51.55M	-0.55% -299.43
OGTi	36,045.04 14.71M	-0.59% -214.34

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	90,645.00	92,275.00 89,825.00	-460.00 -0.50%
BRENT CRUDE	63.02	63.92 61.83	1.03 1.66%
RICHARDS BAY COAL MONTHLY	86.75	0.00 0.00	-1.25 -1.42%
ROTTERDAM COAL MONTHLY	95.30	98.65 95.30	-2.90 -2.95%
USD RBD PALM OLEIN	1,027.50	1,027.50 1,027.50	0.00 0.00%
CRUDE OIL - WTI	58.78	59.77 57.61	1.02 1.77%
SUGAR #11 WORLD	14.89	14.99 14.78	-0.08 -0.53%