Foreign Direct Investment in Pakistan surges by 68.2% MoM in September
MG News | October 16, 2020 at 03:58 PM GMT+05:00
October 16, 2020 (MLN): Pakistan witnessed Foreign Direct Investments (FDI) of $189 million during the month of September 2020, i.e. around 68.2% higher as compared to the net inflows of $112.3 million received in August 2020.
According to the monthly data compiled by the State Bank of Pakistan, the Foreign Private Investment into the country amounted to $156.8 million, wherein $189 million was attributed to Direct Investments, while disinvestment of $32.2 million was attributed to Equity Securities i.e. a part of Portfolio Investments.
Within the Direct Investments, there was an inflow of $268.8 million and an outflow of $79.8 million during the month.
Under the Foreign Public Investment, $21.9 million worth of investment witnessed in debt securities during September 2020 against the disinvestment of $6.3 million in August 2020.
All in all, the Foreign Investments in Pakistan during the month amounted to $178.7 million, registering a growth of 74% when compared to net inflows of $102.9 million recorded in August 2020.
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