Foreign Direct Investment in Pakistan grows by 151% YoY in October

November 16, 2020 (MLN): Pakistan witnessed a Foreign Investments of $36.6 million during the month of October 2020, i.e. around 84% lower as compared to the net inflows of $234.3 million received in the same month of last year.

According to the monthly data compiled by the State Bank of Pakistan, the Foreign Private Investment into the country amounted to $280.3 million, out of which, $317.4 million was attributed to Direct Investments, whereas a disinvestment of $37.1 million was attributed to Equity Securities i.e. a part of Portfolio Investments. The Direct Invesment of $317.4 million is nearly 151% higher than the amount recorded in the same month of last year.  

The country also saw Foreign Public Disinvestments of $243.7 million during the month under review, whereas there was an investment of $114.9 million in the same period of last year. It is imperative to note that the entire amount was attributed to Debt Securities, which comes under Portfolio Investment.

During the period Jul-Oct 2020, the Foreign Private Investment amounted to $587.5 million, i.e. around 14.6% lower as compared to the same period of last year. Within this amount, $733.1 million came under Direct Investment, which is approx. 9.1% higher than the same period of last year. A disinvestment of $145.6 million was made in the Equity Securities.  

Similarly, a disinvestment of $162 million was made within the Foreign Public Investment segment, all of which was attributed to Debt Securities. In the same period of previous year, this segment saw an investment of $436.7 million.

Copyright Mettis Link News

Posted on: 2020-11-16T11:51:00+05:00

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