AGL 6.78 Increased By ▲ 0.04 (0.59%)
ANL 9.38 Increased By ▲ 0.06 (0.64%)
AVN 81.40 Increased By ▲ 0.95 (1.18%)
BOP 5.47 Increased By ▲ 0.06 (1.11%)
CNERGY 5.03 Increased By ▲ 0.07 (1.41%)
EFERT 82.99 Increased By ▲ 3.08 (3.85%)
EPCL 58.95 Increased By ▲ 2.62 (4.65%)
FCCL 15.80 Decreased By ▼ -0.07 (-0.44%)
FFL 6.50 Increased By ▲ 0.15 (2.36%)
FLYNG 8.47 Increased By ▲ 0.17 (2.05%)
GGGL 10.23 Increased By ▲ 0.15 (1.49%)
GGL 16.64 Increased By ▲ 0.38 (2.34%)
GTECH 8.60 Increased By ▲ 0.12 (1.42%)
HUMNL 6.45 Increased By ▲ 0.06 (0.94%)
KEL 3.05 Increased By ▲ 0.07 (2.35%)
LOTCHEM 29.88 Increased By ▲ 0.99 (3.43%)
MLCF 28.80 Increased By ▲ 0.15 (0.52%)
OGDC 76.35 Increased By ▲ 1.85 (2.48%)
PAEL 16.35 Increased By ▲ 0.22 (1.36%)
PIBTL 5.78 Increased By ▲ 0.13 (2.3%)
PRL 17.45 Increased By ▲ 0.47 (2.77%)
SILK 1.16 Decreased By ▼ -0.03 (-2.52%)
TELE 11.40 Decreased By ▼ -0.05 (-0.44%)
TPL 8.17 Increased By ▲ 0.17 (2.13%)
TPLP 22.25 Increased By ▲ 0.90 (4.22%)
TREET 23.58 Increased By ▲ 0.48 (2.08%)
TRG 148.00 Increased By ▲ 4.09 (2.84%)
UNITY 23.35 Increased By ▲ 0.34 (1.48%)
WAVES 11.70 Increased By ▲ 0.10 (0.86%)
WTL 1.59 Increased By ▲ 0.02 (1.27%)
BR100 4,249 Increased By 69.2 (1.65%)
BR30 16,585 Increased By 383.6 (2.37%)
KSE100 42,161 Increased By 549.2 (1.32%)
KSE30 15,895 Increased By 290.3 (1.86%)
Business & Finance

Pakistan’s October FDI witness yearly increase of over 150pc

  • Country-wise, China emerged as the top investor in Pakistan in October as it invested $228.7mn.
Published November 17, 2020
Follow us

Pakistan’s Foreign Direct Investment (FDI) during the month of October stood at $317.4 million, showing a Year on Year (YoY) increase of over 150 percent as compared to $126.5mn FDI recorded in October 2019.

As per the latest data issued by the State Bank of Pakistan (SBP), the overall FDI during the ongoing fiscal year stands at $733.1mn, with FDI in October making up over 43pc of the share.

Country-wise, China emerged as the top investor in Pakistan in October as it invested $228.7mn, whereas, sector-wise the power sector was the top consumer of FDI as it took in $239m in the month of October.

Coming to the four-month period, the FDI from July to October 2021 stood at $733.1mn as compared to $672mn recorded in the same period last year, showing an increase of nine percent.

Meanwhile, the total foreign investment i.e. the sum of both Foreign Public Investment and Foreign Private Investment during the ongoing four-month period stood at $425mn showing a drop of over 64pc as compared to $1.12 billion recorded in the same period last fiscal year.

The drastic drop is attributed to the outflows in equities in portfolio investment of both Foreign Private Investment and Foreign Public Investment amounting to $161.2mn and $598.7mn, respectively, during the four months period.

Comments

Comments are closed.