FDI surges by 25% MoM to USD198mn in May 2021

June 18, 2021 (MLN): Foreign direct investment in Pakistan stood at $198.3 million during May 2021, showing an increase of 25% MoM against the net inflow of $158.4 million recorded in April 2021.

On yearly basis, it surged by 63.34% when compared to the net investment of $121.4 million during May 2020.

According to the data released by the State Bank of Pakistan (SBP), FDI fell by around 28%YoY to $1.75 billion during 11MFY21, i.e., July to May, as compared to FDI of $2.42 billion reported in the corresponding period last year.

During the month of May 2021, the Foreign Private Investment into the country amounted to $193.5 million, out of which, $198.3 million was attributed to Direct Investments, whereas disinvestment of $4.8 million was attributed to Equity Securities i.e., a part of Portfolio Investments.

Within the Direct Investments, there was an inflow of $263.5 million and an outflow of $65.1 million during the month.  

Under the Foreign Public Investment, $5.2 million worth of disinvestment witnessed in debt securities during May 2021 against the investment of $2.47 billion recorded in April 2021.

All in all, the Foreign Investments in Pakistan during the month amounted to $188.3 million, down by 93% MoM when compared to net inflows of $2.61 billion recorded in April 2021.

Copyright Mettis Link News

Posted on: 2021-06-18T11:58:00+05:00

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