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FDI drops by 35 percent within nine months

bySidra Butt
April 20, 2021
in Business, Economy, Finance, New
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On Monday, According to the data issued by the State Bank of Pakistan (SBP), the FDI fell by 35.1pc to $1.395 billion during July-March FY21 compared to $2.15bn in the same period of last fiscal. 

The inflow in March was just $167.6 million compared to $278.7m in the same month of last year — a decline of 40pc. 

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However, as the inflow in March this year slightly improved compared to February when the inflow was $155m, the FDI trend shows that the overall trend is on the decline.

The FDI had dropped by 30pc during the first eight months of the current fiscal, and due to the 40pc decline recorded last month it has now fallen by 35pc after nine months.

Tags: FDIFiscalInflowState Bank of Pakistan
Sidra Butt

Sidra Butt

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