Pakistan records FDI of $136m in July

MG News | August 19, 2024 at 10:29 AM GMT+05:00

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August 19, 2024 (MLN): Pakistan recorded a Foreign Direct Investment (FDI) of $136.29 million in July, compared to an FDI worth $83.25m 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 country reported an investment of $270.9m in the previous month.

Within the direct investments in the review month, there was an inflow of $198.31m, up by 29.29% YoY, while the outflow dropped to $62.02m, down by over 11.57% YoY.

Concerning portfolio investment under FDI, an inflow of $23.64m was witnessed through equity securities as compared to an inflow of $16.27m in July 2023.

The foreign private investment into the country amounted to a positive $159.94m in July 2024, as compared to private investment worth $99.52m recorded in July 2023.

Meanwhile, with respect to foreign public investment, an inflow of $145.05m was witnessed during the review month through equity securities.

Accordingly, the total foreign investment in the review month clocked in at $511.4m, compared to an investment of $140.6m in July 2023.

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