January 19, 2021 (MLN): Pakistan welcomed Foreign Direct Investments of $193.6 million during the month of December 2020, after witnessing divestment of $16 million in November 2020.
According to the data compiled by the State Bank of Pakistan, FDI fell by 29.8% YoY to $952.6 million during 1HFY21, i.e. July to December, as compared to FDI of $1.35 billion reported in the corresponding period last year.
During the month of December, the Foreign Private Investment into the country amounted to $134.8 million, out of which, $193.6 million was attributed to Direct Investments, whereas disinvestment of $58.9 million was attributed to Equity Securities i.e. a part of Portfolio Investments.
Within the Direct Investments, there was an inflow of $246.7 million and an outflow of $53.1 million during the month.
Under the Foreign Public Investment, $67.7 million worth of investment witnessed in debt securities during December 2020, showing a more than three-fold increase against the net inflows of $19.6 million in November 2020.
All in all, the Foreign Investments in Pakistan during the month amounted to $202.4 million, when compared to net outflows of $36.2 million recorded in November 2020.
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