Islamabad March 30 2024: Total foreign investment during Jul-Feb FY2024 recorded an inflow of USD 932.4 million as against an outflow of USD 27.2 million last year, revealed by Ministry of Finance on Friday.
FDI stood at USD 820.6 million (USD 990.2 million last year) decreasing by 17.1 percent. In February 2024, FDI witnessed MoM increase of 15.7 percent of USD 131.2 million as against an outflow of USD 173 million last month.
FDI received from Hong Kong USD 234.6 million (28.6 percent), UK USD 163.7 million (19.9 percent), US USD 79.6 million (9.7 percent), China USD 80.4 million (9.8 percent share), and Netherland USD 58.7 million (7.2 percent).
Power sector attracted the highest FDI of USD 249.0 million (30.3 percent of total FDI), Oil & Gas exploration USD 151.2 million (18.4 percent), and Financial Business USD 125.3 million (15.3 percent).
Foreign Private Portfolio Investment has registered a net inflow of USD 46.2 million during the period under review. Foreign Public Portfolio Investment recorded a net inflow of USD 65.5 million. The total FPI recorded an inflow of USD 111.7 million as against an outflow of USD 1017.4 million last year.
