Pakistan’s Foreign Direct Investment (FDI) stood at $236 million during the month of September’21, up by 2.1x MoM in comparison to the net inflow of $113.2mn reported for Aug’21.

The FDI spiked by 16% YoY in comparison to the net investment of $202.8mn recorded during September’20.

As per data provided by the State Bank of Pakistan (SBP), FDI dropped by 4% YoY to $439.1mn during the third quarter of the current fiscal year (3MFY22) against the recorded FDI of $457.6mn during the same period in the previous year.

The Foreign Private Investment into the country during September amounted to $150.5mn. $236mn out of the foreign private investment from September was attributed to direct investments, while disinvestment of $85.5mn was attributed to a part of portfolio investments under equity securities.

In the Direct Investments, an inflow of $306.3mn and an outflow of $70.3mn were recorded during the month. 

Within the Foreign Public Investment, $3.3mn worth of investment was recorded under debt securities during September’21 against the inflows of $21.9mn in Sep’20 and disinvestment of $25.5bn recorded in Aug’21.

Overall, the Foreign Investments in Pakistan amounted to $153.8mn during the month in comparison to the net inflows of $192.5mn in Sep’20 and $74mn during the previous month.

The story was filed by the News Desk.
The Desk can be reached at info@thecorrespondent.com.pk.

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