Outflows from foreign investments increase by $210 million in FY 18

MG News | July 27, 2018 at 03:43 PM GMT+05:00
Outflow of profits and dividends from foreign investments has increased by $210.4 million in the fiscal year 2017-18 compared to the previous fiscal year, 2016-17, as foreign investors took home a total of $2.32 billion in FY 18 as against $2.11 billion in FY 17.
In the month of June 2018, repatriations fell to $83 million, compared to repatriations of $464.4 million in May. During the same month last year, repatriations of profits and dividends on foreign investment were $224.5 million.
On a month on month basis, the fall in total repatriations is a result of the decrease in outflows on account of Foreign Direct Investments, which fell from $433.9 million in May 2018 to $62.8 million in June. During the same month in 2017, outflows of profits and dividends from FDI were at $196.8 billion.
According to provisional data released from the State Bank of Pakistan on Thursday, repatriation of profits and dividends on account of Foreign Direct Investments (FDI) jumped to $2 billion in FY 18 compared to $1.73 billion in the Fiscal year 2016-17, increasing by $273 million over the year, despite having reduced in June.
Pakistan received a total of $2.767 billion in foreign direct investments during the fiscal year 2017-18, while outflows from profits and dividends on these investments totaled $2 billion, leaving a net inflow of merely $767 million, a serious shortage in the foreign investment accumulation of the country.
Outflow of profits and dividends from Foreign Portfolio Investments, on the other hand, decreased by $62.86 million in the FY 18, as provisional figures reveal that $311.5 million were sent back on account of foreign portfolio investments, compared to $374.4 million in the last fiscal year.
Related News
Name | Price/Vol | %Chg/NChg |
---|---|---|
KSE100 | 136,502.54 259.91M |
1.64% 2202.77 |
ALLSHR | 85,079.90 838.35M |
1.26% 1061.74 |
KSE30 | 41,552.62 97.27M |
1.81% 738.33 |
KMI30 | 193,330.76 84.69M |
0.39% 741.60 |
KMIALLSHR | 56,315.31 366.02M |
0.43% 243.06 |
BKTi | 38,498.08 37.91M |
4.13% 1526.33 |
OGTi | 28,138.38 5.66M |
-0.36% -101.89 |
Symbol | Bid/Ask | High/Low |
---|
Name | Last | High/Low | Chg/%Chg |
---|---|---|---|
BITCOIN FUTURES | 122,040.00 | 123,615.00 118,675.00 |
3510.00 2.96% |
BRENT CRUDE | 71.19 | 71.53 70.35 |
0.83 1.18% |
RICHARDS BAY COAL MONTHLY | 97.50 | 0.00 0.00 |
0.25 0.26% |
ROTTERDAM COAL MONTHLY | 108.75 | 0.00 0.00 |
0.05 0.05% |
USD RBD PALM OLEIN | 998.50 | 998.50 998.50 |
0.00 0.00% |
CRUDE OIL - WTI | 69.32 | 69.65 68.41 |
0.87 1.27% |
SUGAR #11 WORLD | 16.44 | 16.67 16.42 |
-0.13 -0.78% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
Name | Last | Chg/%Chg |
---|
Name | Last | Chg/%Chg |
---|