Karachi, January 17, 2024 – The State Bank of Pakistan (SBP) released a report on Wednesday, revealing a remarkable 35 percent surge in foreign direct investment (FDI) into the country during the first half (July-December) of fiscal year 2023-24.
(more…)Tag: Foreign Direct Investment
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Foreign Direct Investment Grows by 12% in November 2023
Karachi, December 18, 2023 – Foreign Direct Investment (FDI) into Pakistan recorded a substantial growth of 12 percent, reaching $131.4 million in November 2023 on a Year-on-Year (YoY) basis.
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Foreign Direct Investment Plunges by 25% in Pakistan During FY23
Karachi, July 18, 2023 – Pakistan has experienced a significant decline of 25% in Foreign Direct Investment (FDI) during the fiscal year 2022-23, as revealed by data released by the State Bank of Pakistan (SBP) on Tuesday.
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Net foreign investment in Pakistan plummets by 90% in 10 months of FY23
Pakistan experienced a substantial decline of 90 percent in net foreign investment during the first ten months of the current fiscal year 2022-2023, as indicated by data released by the State Bank of Pakistan (SBP) on Tuesday.
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Foreign investment into Pakistan sharply decline by 112% in 8MFY23
KARACHI: Total foreign investment into Pakistan has sharply declined by 112 per cent during eight months (July – February) of fiscal year 2022-2023, according to data released by the central bank.
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Foreign Direct Investment into Pakistan plunges by 44 pc in 7MFY23
KARACHI: The inflow of foreign direct investment (FDI) into Pakistan has plunged by 44 per cent during first seven months (July – January) of fiscal year 2022-2023, according to data released by central bank on Tuesday.
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Foreign Direct Investment plunges by 51.4pc in July – November
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.
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Foreign direct investment into Pakistan plunges by 52pc in 4MFY23
KARACHI: Foreign direct investment (FDI) into Pakistan has plunged by 52 per cent during first four months (July – October) of fiscal year 2022-2023 (4MFY23).
According to data released by the State Bank of Pakistan (SBP) on Monday the FDI fell to $348 million during the first four months of the current fiscal year as compared with $726 million in the corresponding months of the last fiscal year.
READ MORE: Foreign direct investment in Pakistan plunges by 47% in 1QFY23
The data showed the inflows under the FDI fell by 40.3 per cent to $514 million during the period under review as compared with $862 million in the corresponding period of the last fiscal year.
On the other hand outflows under the head of FDI recorded an increase of 22.4 per cent to $166.2 million during July – October 2022 as compared with $136 million in the same period of the last fiscal year.
READ MORE: FATF removes Pakistan from grey list
The outflow from stock market recorded a decline of 91 per cent during first four months. The foreign portfolio investment recorded an outflow of $15.6 million during July – October 2022 as compared with the outflow of $178.5 million in the same period of the last fiscal year.
READ MORE: Asian Bank approves $1.5 billion to finance Pakistan
The net inflow of total foreign private investment recorded a decline of 39 per cent to $333 million during the period under review as compared with $548 million in the corresponding period of the last fiscal year.
Meanwhile, the public debt securities witnessed a decline in outflow during the period to $18.2 million when compared with the outflow of $60.1 million.
READ MORE: Pakistan’s weekly forex reserves increase nominally
The total foreign investment plunged by 36 per cent to $315 million during first four months of the current fiscal year as compared with $488 million in the corresponding period of the last fiscal year.
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Foreign direct investment in Pakistan plunges by 47% in 1QFY23
Foreign Direct Investment (FDI) into Pakistan has plunged by 47 per cent during first quarter (July – September) 2022/2023, according to data released by State Bank of Pakistan (SBP).
The central bank said that the FDI fell to $253 million during the first quarter of the current fiscal year as compared with $479 million in the corresponding quarter of the last fiscal year.
READ MORE: FATF removes Pakistan from grey list
The inflows under the FDI recorded 31.7 per cent decline to $395 million during the quarter under review as compared with $579 million in the same quarter of the last year.
On the other hand, the outflow under the FDI significantly increased by 42.5 per cent to $142 million during July – September 2022/2023 as compared with $99.6 million in the same period of the last fiscal year.
READ MORE: Asian Bank approves $1.5 billion to finance Pakistan
The total foreign private investment into the country fell by 36.3 per cent to $241.3 million during the quarter under review when compared with $379 million in the corresponding quarter of the last fiscal year.
The portfolio investment in the capital market registered massive decline in outflow during the quarter under review. The outflow of portfolio investment recorded $12.1 million during the first quarter of the current fiscal year as compared with the outflow of $100.5 million in the same quarter of the last year.
READ MORE: Pakistan’s weekly forex reserves increase nominally
The foreign public investment under the head of debt securities recorded an outflow of $18.2 million during the first quarter of the fiscal year 2022/2023 as compare with inflow of $980 million in the same quarter of the last fiscal year.
The total foreign investment including private and public recorded a decline of 83.6 per cent to $223 million during the first quarter of the current fiscal year as compared with $1.36 billion in the same quarter of the last fiscal year.
READ MORE: Current account deficit declines by 37% to $2.21 billion in first quarter