Foreign Direct Investments skids 20 percent in February

In February Pakistan witnessed Foreign Direct Investment of $155 million, around 20 percent lower in comparison to January 2021’s net surge of $192.7 million.

According to the State Bank of Pakistan's report, FDI fell 30 percent per annum to $1.30 billion during the first eight months of the current fiscal year as opposed to $1.85 billion reported at the same time last year.

In the month of February, the foreign private investment into the country amounted to $135.6 million, whereas $155.1 million was ascribed to equity securities.

The surge through direct investments was $191.5 million and an outflow of $36.4 million. A  $21.3 million worth of investment was witnessed in debt securities under foreign public investment during the month of February 2021, which went down by 47 percent.

Investment in equities of $40.3 million was reported in January 2021.

Inclusively foreign investments in Pakistan amounted to $156.7 million, showing a decline of 35 percent as opposed to net inflows of $240.6 a million a month back.