FDI sharply increases by 162.8pc in July 2017

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KARACHI: Foreign Direct Investment (FDI) has registered massive growth of 162.8 percent in July 2017 to $222.6 million as compared with $84.7 million in the same month of last year, according to foreign investment data released by State Bank of Pakistan (SBP) on Wednesday.
The inflows under FDI were $247.8 million and outflows were at $25.1 million in July 2017.
The portfolio investment in the capital market posted decline of 122.7 percent to outflows of $11.4 million in the first month of fiscal year 2017/2018 as compared with inflows of $50.3 million.
Net foreign investment into the country registered increase of 56.5 percent to $211.3 million as compared with $135 million.

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