September 18, 2024 (MLN): Pakistan recorded a Foreign Direct Investment (FDI) of $213.96 million in August, up 50.7% compared to an FDI worth $141.95m in the Same Period Last Year (SPLY), the latest data issued by the State Bank of Pakistan (SBP) showed.
Comparison on a month-over-month basis shows that the net inflow of FDI increased by 57.0% as compared to an inflow of $136.29m in the previous month.
Cumulatively, in 2MFY25, FDI was recorded at $350m, an increase of 55.6% compared to $225m in SPLY.
With respect to the portfolio investment under FDI, an inflow of $1.02m was witnessed through equity securities, as compared to an inflow of $6.55m in August 2023 and an inflow of $23.64m in the previous month.
The foreign private investment, which includes both direct investments and portfolio investments recorded an inflow of 214.98m in August 2024, compared to an inflow of $148.51m a year earlier and an inflow of $159.94m a month earlier.
Meanwhile, foreign public divestment stood at $66.82m during the review month.
Accordingly, the total foreign investment in the review month clocked in at $148.16m, compared to an investment of $146.44m in the same month a year ago.
On a cumulative basis, within 2MFY25, total foreign investment was reported at $453.15m as compared to foreign investment of $251.96m incurred in the corresponding period last year.
