The most recent data released by the State Bank of Pakistan (SBP) revealed that Pakistan reported Foreign Direct Investment (FDI) of $270.9m in May, up from FDI of $155.7m in the Same Period Last Year (SPLY).
When comparing months to months, it can be seen that the nation recorded $358.8 million in investments made the month before.In all, the nation received $1.73 billion in foreign direct investment in 11MFY24, compared to $1.5 billion in the same period the previous fiscal year.
In the review month, there was an inflow of $339.1 million, up 66.47% YoY, into direct investments, and an outflow of $68.2 million, up more than 42.38% YoY. In terms of FDI portfolio investments, equity securities had an inflow of $34.9 million and an outflow of $14.1m in May 2023.
Compared to private investment of $141.6 million in May 2023, foreign private investment in the nation reached a positive $305.8 million in May 2024.In contrast, during the review month, there was an inflow of $205.6 million in foreign public investment through equity securities.
As a result, the overall amount of foreign investment during the review month was $511.4 million, as opposed to $140.6 million in May 2023.Compared to the $482 million recorded in the same time previous year, the total foreign investment on a cumulative basis for 11MFY24 was $1.17 billion.
