Pakistan Receives Foreign Investment of Over $100 Million in July

[Morpheus]

Pakistan Receives Foreign Investment of Over $100 Million in July
Posted 3 hours ago by ProPK Staff

Pakistan continued to attract the interest of foreign investors as it recorded inflows of over $100 million in the first month of the financial year 2021.

According to the State Bank of Pakistan, the foreign direct investment recorded an inflow of $114 million in July, which is 60 percent higher than the same month of the last financial year.


On the other hand, Foreign Portfolio Investment (FPI) recorded a mixed trend. The equity market recorded an outflow of $73 million in July whereas debt securities received an investment of $66 million.

Hence, the overall foreign investment inflows recorded stood at $107.2 million as compared with $105 million in July of the last financial year.

China was the highest contributor to foreign investment. It was followed by the USA and UK.

Sectors received that investments are oil and gas (exploration and production), electrical machinery, telecom, etc.

https://propakistani.pk/2020/08/20/pakistan-receives-foreign-investment-of-over-100-million-in-july/
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[LimaCharlie]

According to opposition, Imran khan is selling his yahodi khandan owned assets and laundering the monry to pakistan on the pretext of foreign investment. They are capable of cooking up the nonsense i just wrote and claiming it to be true in parliament..

 

[Samlee]

Good

 

[Chakar The Great]

I am a big supporter of PTI government but has any one noticed the way government manipulates figures,

Some times they compare it with Nawaz government i.e numbers from two years ago, at times they compare it with last month, other times last year same month. Any thing to show they are doing better.

 

[Jungibaaz]

Very mediocre figure, there's nothing to celebrate here, we need much higher levels of FDI. And as for portfolio investments, that's what people call hot money, it's here to be used to earn a quick return, it's not long term productive investment.

But have a look at yearly FDI figures. They've been averaging around USD150-200m when divided per month. So this figure is actually below par. Only if we see 60% consistent growth year on year does it mean anything, otherwise monthly FDI net inflows is always jumping.

I am a big supporter of PTI government but has any one noticed the way government manipulates figures,

Some times they compare it with Nawaz government i.e numbers from two years ago, at times they compare it with last month, other times last year same month. Any thing to show they are doing better.

This is typical behavior, most governments do it. Unfortunately the nuances of why this is misleading are not ordinarily picked up by people. As for the figure of $100 million, it's nothing to celebrate at all.