KARACHI
\nPakistan\u2019s foreign direct investment increased 11.32 percent to $1.17 billion in the first seven months (July-January) of the current fiscal year, central bank data showed on Thursday. The country fetched FDI amounting to $1.17 billion during July-January of 2021-22 as against $1.05 billion recorded in the corresponding period of the previous fiscal year 2020-21.
\nHowever, on a month-on-month basis, the foreign direct investment dropped by 50 percent to $110 million in January 2022.Similarly, on a year-on-year bais, FDI fell by 34.6 percent when compared to $168.3 million in January 2021.
\nDuring the month of January 2022, the foreign private investment into the country amounted to $109.6 million, out of which, $110 million was attributed to direct investments, whereas disinvestment of $0.4 million was attributed to equity securities i.e. a part of portfolio investments.<\/p>\n
Within the direct investments, there was an inflow of $181.6 million and an outflow of $71.6 million during the month. The sequential decline in the FDI inflows was attributed to the significantly decreased investments from China as net investment inflows from China dropped by 68 percent MoM to $53.7 million from $167.4 million reported in December 2021. While investment from the United States increased by 6 percent MoM to stand at $19.7 million. FDI from Malaysia observed a marginal drop of 1 percent to $19.5 million.<\/p>\n
Sector-wise, the power sector attracted the highest net FDI of $43 million during the month of January 2022, followed by communication with $28.4mn and financial business with $24.9 million. Under the foreign public investment, $1.06 billion worth of investment was witnessed in debt securities during January 2022 against the outflow of $19.3 million in December 2021. While in the same month of the last fiscal year, debt securities saw net inflows of $40.3 million. TLTP<\/p>\n","protected":false},"excerpt":{"rendered":"
KARACHI Pakistan\u2019s foreign direct investment increased 11.32 percent to $1.17 billion in the first seven months (July-January) of the current fiscal year, central bank data showed on Thursday. The country fetched FDI amounting to $1.17 billion during July-January of 2021-22 as against $1.05 billion recorded in the corresponding period of the previous fiscal year 2020-21. […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-245005","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-top-news"},"yoast_head":"\n