Pakistan attracts $223mn FDI in October

News Image

MG News | November 17, 2021 at 05:29 PM GMT+05:00

November 17, 2021 (MLN): Foreign direct investment in Pakistan stood at $223 million during October ’21, down by 6% MoM against the net inflow of $236mn recorded in Oct’21.

Similarly, on yearly basis, it shrank by 24% YoY when compared to the net investment of $293.1mn during October’20.

According to the data compiled by the State Bank of Pakistan, FDI declined by 11.8% YoY to $662.1mn during 4MFY22, i.e., July to October, as compared to FDI of $750.6mn reported in the corresponding period last year.

During the month of October, the Foreign Private Investment into the country amounted to $145mn, out of which, $223mn was attributed to Direct Investments, whereas disinvestment of $78mn was attributed to Equity Securities i.e., a part of Portfolio Investments.

Within the Direct Investments, there was an inflow of $299.6mn and an outflow of $76.6mn during the month. 

Under the Foreign Public Investment, $1bn worth of disinvestment was witnessed in debt securities during October’21 against the outflow of $243.7mn in Oct’20 and inflows of $3.3mn recorded in Sep’21.

All in all, the country witnessed Foreign disinvestments of $894.9mn in Pakistan during the month when compared to net inflows of $12.3mn in Oct’20 and $153.8mn in the previous month.

Copyright Mettis Link News

 

Related News

Name Price/Vol %Chg/NChg
KSE100 177,623.88
478.02M
-0.36%
-638.45
ALLSHR 107,472.27
954.45M
-0.34%
-365.17
KSE30 53,131.56
115.62M
-0.41%
-216.11
KMI30 250,814.93
150.64M
-0.28%
-695.43
KMIALLSHR 68,971.49
608.41M
-0.29%
-202.37
BKTi 50,769.48
23.80M
-0.58%
-295.25
OGTi 34,999.12
6.26M
-0.71%
-249.30
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 63,725.00 64,810.00
62,680.00
-1240.00
-1.91%
BRENT CRUDE 84.09 88.06
82.52
-4.27
-4.83%
RICHARDS BAY COAL MONTHLY 105.75 0.00
0.00
-0.50
-0.47%
ROTTERDAM COAL MONTHLY 120.00 0.00
0.00
0.25
0.21%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00
0.00
0.00%
CRUDE OIL - WTI 79.37 82.43
77.78
-3.24
-3.92%
SUGAR #11 WORLD 14.56 14.70
14.50
-0.02
-0.14%

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