Overseas investors repatriate $1.2bn in 6MFY25

MG News | January 20, 2025 at 06:46 PM GMT+05:00
January 20, 2025 (MLN): Foreign investors' repatriation of profit and dividends rose 114% YoY in 6MFY25 to $1.21 billion compared to $567.72m worth of repatriation in the same period last year, the latest data issued by the central bank revealed.
The data further revealed that during the period, foreign companies repatriated $1.15bn worth of profit against the foreign direct investments (FDI) in various businesses compared to $521.39m in SPLY, marking an increase of around 121% YoY in 6MFY25.
The outflow as payment against portfolio investment stood at $63.76m, compared with $46.33m in 6MFY25, witnessing a growth of 38% YoY from 6MFY24.
Meanwhile, in December 2024 alone, foreign firms' repatriation of profits and dividends stood at $85.8m.
A country-wise break up of data on repatriation of profit released by SBP revealed that firms and individual investors in the United Kingdom dispatched the single largest profit of $423.7m during 6MFY25, compared to $71.9m repatriated in the same period prior fiscal year.
In December alone, payments to the United Kingdom stood at $15.8m.
The United States witnessed the repatriation of the second-highest profits as the country repatriated $158.38m abroad during 6MFY25, compared with $34.13m in 6MFY24.
Third in line was U.A.E which repatriated $144.89m from Pakistan, down as compared to the number during SPLY, when the country remitted $149.12m as profit income from Pakistan.
Next in line was China with a profit repatriation of $91m during the review period.
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