Pakistan’s FDI Fell By 59% In HIFY23

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During the first half of the fiscal year (FY23), Foreign Direct Investment (FDI) into the country fell by 59 percent, according to figures from the State Bank of Pakistan (SBP).

During July–December of FY23, the country received $461 million in FDI, down from $1.115 billion during the same time in FY22.

There were $932.5 million in FDI inflows and $472 million in outflows during this time period.

The first half of this fiscal year saw outflows of $13 million from net foreign portfolio investment.

Because to the repayment of $1 billion in Sukuk bonds in December 2022, foreign public investment fell by 938 percent during the same time period.

In the first half of FY23, all forms of foreign investment (including FDI, portfolio investment, and foreign public investment) fell by almost 181 percent.

When compared to the $709m that was invested in during the same time in FY22, foreign direct investment was a minus $572m during FY23’s July–December.

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