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HomeEconomyForeign Direct Investment in Pakistan falls by 20% MoM in February

Foreign Direct Investment in Pakistan falls by 20% MoM in February

March 17, 2021(MLN): Pakistan witnessed Foreign Direct Investments (FDI) of $155 million during the month of February 2021 i.e. around 20% lower as compared to the net inflows of $192.7 million received in January 2021.

According to the data compiled by the State Bank of Pakistan, FDI dropped by 30% YoY to $1.30 billion during the first eight months of the current fiscal year, i.e. July to February, as compared to FDI of $1.85 billion reported in the corresponding period last year.

During the month of February, the Foreign Private Investment into the country amounted to $135.6 million, wherein $155.1 million was attributed to Direct Investments, while disinvestment of $19.5 million was attributed to Equity Securities i.e. a part of Portfolio Investments.

Within the Direct Investments, there was an inflow of $191.5 million and an outflow of $36.4 million during the month. 

Under the Foreign Public Investment, $21.3 million worth of investment witnessed in debt securities during February 2021, down by 47% MoM when compared to investment in equities of $40.3 million reported in January 2021.

All in all, the Foreign Investments in Pakistan during the month amounted to $156.9 million, showing a decline of 35% MoM when compared to net inflows of $240.6 million recorded in January 2021.

Copyright Mettis Link News

Posted on: 2021-03-17T12:10:00+05:00

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