Foreign direct investment declines to $439M in 1QFY22 State Bank of Pakistan

Foreign direct investment declines to $439M in 1QFY22

KARACHI: Pakistan has recorded a four per cent decline in foreign direct investment (FDI) during first quarter (July – September) of fiscal year 2021/2022 (IQFY22), according to data released by the State Bank of Pakistan (SBP) on Monday.

The FDI fell to $439 million during the first quarter of the current fiscal year as compared with $457.6 million in the corresponding quarter of the last fiscal year.

The total foreign private investment registered a decline by 3 per cent to $339 million during July – September of the current fiscal year as compared with $349 million in the same period of the last fiscal year.

The portfolio investment in stock market recorded a decline in outflow during the period under review. The capital market registered an outflow of $100 million during July – September 2021/2022 as compared with outflow of $108.5 million in the corresponding period of the last fiscal year.

The State Bank received $980 million as debt securities during the first quarter of the current fiscal year as compared with an outflow of $37.4 in the same period of the last fiscal year.

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