Pkrevenue.com

Tag: foreign investment

  • Foreign investment grows by 51pc during first quarter

    Foreign investment grows by 51pc during first quarter

    KARACHI: The total inflow of foreign private investment increased by 51 percent growth during first quarter (July-September) of 2019/2020, State Bank of Pakistan (SBP) said on Thursday.

    The total foreign private investment increased to $565 million during the first quarter of current fiscal year as compared with $374 million in the same period of the last fiscal year.

    The foreign direct investment (FDI) posted nominal decline of 3.1 percent to $542 million during the period under review as compared with $559 million in the same period of the last fiscal year.

    The inflows under FDI were $763 million during July – September 2019, which were 5.4 percent lower when compared with inflows of $806 million in the same period of the last year.

    The outflows under FDI were declined by 11 percent to $221 million as compared with $247 million.

    The foreign investment in capital market witnessed 112.2 percent increase during the first quarter of current fiscal year.

    The portfolio investment recorded $22.7 million inflows during July – September 2019 as against outflows of $185 million in the corresponding period of the last year.

  • Foreign investment declines by 72.5 pc during July – February

    Foreign investment declines by 72.5 pc during July – February

    The inflows of total foreign investment into Pakistan have witnessed a steep decline, plummeting by 72.5 percent to $1.21 billion during the first eight months of the current fiscal year (July – February), compared to $4.42 billion in the corresponding period of the previous fiscal year, according to data released by the State Bank of Pakistan (SBP) on Friday.

    (more…)
  • Total foreign investment falls by 75 percent in seven months

    Total foreign investment falls by 75 percent in seven months

    KARACHI: Pakistan has experienced a significant decline of 75 percent in total foreign investment, amounting to $1.042 billion during the period of July to January in the fiscal year 2018/2019, according to the State Bank of Pakistan (SBP).

    (more…)
  • Pakistan sees record investment on Saudi Crown Prince visit

    Pakistan sees record investment on Saudi Crown Prince visit

    Islamabad – Anticipation is running high in Pakistan as the country eagerly awaits the visit of Saudi Crown Prince, Mohammed bin Salman, scheduled for February 16, 2019.

    (more…)
  • Repatriation of profit, dividend by foreign companies in Pakistan surges by 58 percent

    Repatriation of profit, dividend by foreign companies in Pakistan surges by 58 percent

    The State Bank of Pakistan (SBP) has reported a substantial increase of 58 percent in the repatriation of profits and dividends by foreign companies operating in Pakistan during the first half of the current fiscal year.

    (more…)