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Pakistan records FDI around $170m in December

Pakistan records FDI around $170m in December
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January 17, 2025 (MLN): Pakistan recorded Foreign Direct Investment (FDI) of $169.8 million in December 2024, down by 33% YoY compared to $252m in the Same Period Last Year (SPLY), the latest data issued by the State Bank of Pakistan (SBP) showed.

Comparison on a month-on-month basis shows that the investment dropped by 22.5% compared to $219.2 in the previous month.

Cumulatively in 6MFY25, the country fetched an FDI of $1.33bn against the $1.11bn attracted in the Same Period Last fiscal year.

Within the direct investments in the review month, there was an inflow of $244m, down by 15.57% YoY, while the outflow surged to $74.2m, up by over 100.61% YoY.

Concerning portfolio investment under FDI, an outflow of $65.5m was witnessed through equity securities as compared to an inflow of $32.3m in December 2023.

The foreign private investment into the country amounted to $104.29m in December 2024, as compared to private investment worth $284.25m recorded in December 2023.

Meanwhile, with respect to foreign public investment recorded an outflow of $165m through equity securities.

Accordingly, the total foreign divestment in the review month clocked in at $60.7m, compared to an investment of $284m in December 2023.

On a cumulative basis, within 6MFY25, the total foreign investment stood at $1.24bn as compared to $1.18bn reported in the corresponding period last year.

Copyright Mettis Link News

Posted on: 2025-01-17T12:13:05+05:00