Pakistan records $171mn FDI inflows in April

May 20, 2022 (MLN): The inflow of foreign direct investment (FDI) into Pakistan in April 2022 stood at $170.6 million against the outflow of $30.4mn recorded in March 2022, the monthly data released by the central bank showed on Thursday.

On year on year, FDI saw a marginal increase of 1% when compared to $169mn in April 2021.

Meanwhile, the country fetched FDI amounting to $1.46bn during July-April of FY22 as against $1.48bn reported in the corresponding period of the previous fiscal year (FY21), showing a nominal decline of 1.6%.

During the month of April 2022, the foreign private investment into the country amounted to $153.4mn, out of which, $170.6mn was attributed to direct investments, whereas disinvestment of $17.1mn was attributed to equity securities i.e., a part of portfolio investments.

Within the direct investments, there was an inflow of $194.4mn and an outflow of $23.8mn during the month.

The monthly FDI inflows were attributed to the net investment inflows of $40.3mn from the United States in April 2022. While the country attracted $22.3mn and $17.5mn net inflows from China and UAE respectively in the said month under review.

Sector-wise, the power sector attracted the highest net FDI of $39.3mn during the month of April 2022, followed by financial business with $24.4mn and Electronic with $23.5mn.

Under the foreign public investment, $29.1mn worth of disinvestment was recorded in debt securities during the month, signifying a massive decline of 93% MoM against the net outflows of $402.2mn in March 2022.

All in all, the country witnessed foreign investments of $124.3mn during April 2022 when compared to net outflows of $459.8mn in the previous month.

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Posted on: 2022-05-20T10:09:33+05:00