KARACHI: The inflow of foreign direct investment (FDI) fell by 51.4 per cent during first five months (July – November) of fiscal year 2022-2023, State Bank of Pakistan (SBP) said on Friday.
The FDI fell to $430 million during first five months of the current fiscal year as compared with $885 million in the same period of the last fiscal year.
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Under the head of FDI, the inflows recorded a decline of 36.1 per cent to $681 million during the period under review as compared with $1.065 billion in the same period of the last fiscal year.
Meanwhile, outflows recorded an increase of 39.3 per cent to $250 million during the period under review as compared with $180 million in the same period of the last fiscal year.
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The portfolio investment in the capital market witnessed an outflow of $14.8 million during July – November of the current fiscal year as compared with $263.5 million in the same period of the last fiscal year.
Therefore, the net foreign private investment recorded a decline of 33.2 per cent to $415 million in the first five months of the current fiscal year as compared with $885 million in the same months of the last fiscal year.
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Foreign public investment in debt securities witnessed an outflow of $18.1 million during first five months of the current fiscal year as compared with $79 million in the corresponding months of the last fiscal year.
Total foreign investment after including all the segments recorded a decline of 27 per cent to $397 million during the period under review as compared with $542 million in the same period of the last fiscal year.
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