Pakistan records FDI of $219.2m in November

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MG News | December 17, 2024 at 07:47 PM GMT+05:00

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December 17, 2024 (MLN): Foreign direct investment (FDI) in Pakistan jumped by 27.14% to $219.2 million in November 2024 compared to $172.4m recorded a year ago, latest data issued by the State Bank of Pakistan (SBP) showed.

Comparison on a month-over-month basis shows that the net inflow of FDI increased by 64.54% as compared to an inflow of $133.2m in the previous month.

On a cumulative basis, within 5MFY25, FDI has spiked to $1.12 billion as compared to foreign direct investment of $856m recorded in the same period of last year, up by 31.26%.

With respect to the portfolio investment under FDI, an outflow of $59.1m was witnessed through equity securities, as compared to the inflow of $27.5m in November 2023 and an outflow of $74.4m in the previous month.

The foreign private investment, which includes both direct investments and portfolio investments recorded an inflow of $160.1m in November 2024, compared to an inflow of $200m a year earlier and an inflow of $59m a month earlier.

Meanwhile, foreign public investment stood at $22.1m during the review month.

Accordingly, the total foreign investment in the review month clocked in at $182.2m, compared to an investment of $197m in the same month a year ago.

Copyright Mettis Link News

 

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