Foreign Investment into Pakistan plunges by 59% during 11MFY22 State Bank of Pakistan

Foreign Investment into Pakistan plunges by 59% during 11MFY22

KARACHI: Total foreign investment into Pakistan has declined by 59 per cent to $1.59 billion during first 11 months (July – May) of fiscal year 2021/2022, according to data released by the State Bank of Pakistan (SBP) on Friday.

The inflows of foreign investment into the country were $3.85 billion during the corresponding period of the last fiscal year.

READ MORE: Foreign investment falls by 57% in 10MFY22: SBP

Total foreign private investment recorded a 12.5 per cent decline to $1.22 billion during 11 months of the current fiscal year as compared with $1.39 billion in the same months of the last fiscal year.

Foreign Direct Investment (FDI), the major component of the foreign private investment, fell by 5 per cent to $1.68 billion during the months under review as compared with $1.6 billion in the corresponding period of the last fiscal year.

READ MORE: Foreign investment into Pakistan surges by 131%

The portfolio investment, the other component of the foreign private investment, has recorded a fall of 32.3 per cent during the period. The investment in the capital market recorded an outflow of $378 million during July – May 2021/2022 as compared with outflow of $286 million in the same period of the last fiscal year.

READ MORE: Foreign investment surges by 176% during July – January

The inflow in debt securities under foreign public investment was $367 million during first 11 months of the current fiscal year as compared with $2.46 billion in the same months of the last fiscal year.

READ MORE: Pakistan’s foreign investment surges by 73% in 5 months

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