May 21, 2021 (MLN): Pakistan witnessed Foreign Direct Investments (FDI) of $158.4 million during the month of April 2021 i.e. around 5.5% lower as compared to the net inflows of $167.6 million received in March 2021.
However, it surged by 4.9% YoY against the net inflows of $151.1 recorded in April 2020, as per data compiled by the State Bank of Pakistan (SBP).
During the first ten months of the current fiscal year, i.e., July to April, FDI dropped by 32.5% YoY to $1.55 billion as compared to FDI of $2.30 billion reported in the corresponding period last year.
During the month of April, the Foreign Private Investment into the country amounted to $143.4 million, wherein $158.4 million was attributed to Direct Investments, while disinvestment of $15 million was attributed to Equity Securities i.e. a part of Portfolio Investments.
Within the Direct Investments, there was an inflow of $237.6 million and an outflow of $79.2 million during the month.
Under the Foreign Public Investment, $2.47 billion worth of investment witnessed in debt securities during February 2021, showing a whopping 19.2x MoM when compared to investment in equities of $128.6 million reported in March 2021.
All in all, the Foreign Investments in Pakistan during the month amounted to $2.61 billion, showing a nine-fold increase on a sequential basis when compared to net inflows of $287.4 million recorded in March 2021.
