Foreign Investment in Pakistan increases by USD 1.613 Billion in January
By MG News | February 17, 2020 at 09:55 PM GMT+05:00
February 17, 2020 (MLN): Total Foreign Investment into the country in the month of January 2020 stood at USD 1.613 billion compared to a disinvestment of USD 198.3 million in December 2019.
Of the amount the largest increase was the USD 1.387 billion invested into Government securities, notably T-Bills which came through Foreign Public Investment.
According to data released by the State Bank of Pakistan (SBP), Foreign Private investment (FPI) decreased by 53.54 percent to USD 225.9 million compared to USD 486.3 million in the previous month.
Foreign direct investment (FDI) witnessed an inflow of USD 295.8 million and an outflow of USD 72.7 million, making the net FDI for the month USD 223.1 million. Foreign Private investment (Portfolio) stood at USD 2.77 million compared to an outflow of 0.8 million in the previous month.
Total investment during July - January stood at USD 3.424 Billion compared to 0.534 billion from the corresponding period of last year, marking an increase of 540 Percent.
The largest source of FPI in FY20 continued to be China which invested a net sum of 532.6 million into the country followed by Norway with USD 288.5 million and Malta with 129.6 million.
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