Foreign investment increases to $1.1 billion owing to debt securities attraction

KARACHI: Pakistan’s total inflow of foreign investment has increased to $1.1 billion during first four months (July – October) 2019/2020 as compared with outflow of $77.5 million in the corresponding months of the last fiscal year, State Bank of Pakistan (SBP) said on Monday.

The inflows can be attributed to attractive avenue in the debt securities for foreign participants.

The total portfolio investment has been recorded at $436.7 million during first four months of the current fiscal year as compared to a negligible amount in the same period of the last fiscal year.

The total inflow of foreign private investment was at $665.7 million during first four months of the current fiscal year as compared with $77.6 million outflow in the corresponding months of the last fiscal year.

The foreign direct investment also grew by 238.7 percent to $650 million during period under review as compared with $192 million in the same period of the last fiscal year.

The inflow of portfolio investment in capital market was recorded at $15.6 million as compared with outflow of $269.5 million.

Leave a Reply

You have to agree to the comment policy.