Foreign direct investment falls by 58.4pc in July – August

KARACHI: The inflow of foreign direct investment (FDI) has declined 58.4 percent in the first two months of current fiscal year, according to data released by State Bank of Pakistan (SBP) on Wednesday.

The total inflows under FDI reduced to $156.7 million during July – August 2019 as compared with $377 million in the same period of the last year.

However, portfolio investment registered 182.8 percent growth during the first two months of the current fiscal year.

The investment into the capital market grew to $107.3 million during July – August 2019 as compared with outflows of $129.6 million in the corresponding period of the last fiscal year.

The total foreign private investment posted 6.8 percent increase to $264 million during July – August 2019 as compared with $247.3 million in the corresponding period of the last year.

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