Foreign investment into Pakistan surges by 131% State Bank of Pakistan

Foreign investment into Pakistan surges by 131%

KARACHI: The total inflows of foreign investment into Pakistan has increased by 131 per cent to $1.85 billion during first eight months (July – February) 2021/2022, State Bank of Pakistan (SBP) said on Friday.

The net inflow of the foreign investment into Pakistan was $799 million in the same months of the last fiscal year.

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The foreign public investment increased around eight times during the period under review due proceeds received under Sukuks. The inflows under debt securities jumped up to $905 million during July – February 2021/2022 as against outflow of $132 million in the same period of the last fiscal year.

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Total foreign private investment is flat at 1.2 per cent to $943 million during first eight months of the current fiscal year as compared with $931 million in the corresponding months of the last fiscal year.

Total foreign direct investment (FDI) into Pakistan has posted an increase of 6.1 per cent to $1.26 billion during first eight months (July – February) 2021/2022. The flow of FDI was $1.19 billion in the corresponding period of the last fiscal year.

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The portfolio investment recorded a 24 per cent increase in outflows to $315 million during first eight months of the current fiscal year as compared with the outflow of $254 million in the corresponding period of the last fiscal year.

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