KARACHI: The repatriation of profit and dividends on foreign investment has increased by surged by 63 percent due to better economic condition and improvement in security conditions, experts said.
State Bank of Pakistan (SBP) on Tuesday issued data of Repatriation of Profit/Dividend on Foreign Investment, which shows that repatriation increased to $332 million during first two months of current fiscal year (July-August 2017) as compared with $203.9 million in the corresponding months of the last fiscal year.
The net foreign direct investment (FDI) during July – August 2017 registered growth of 155 percent to $457.2 million as compared with $179.4 million. However, payments made against FDI during first two months of current fiscal year was at $300 million as compared with $178.6 million in the same months of the last fiscal year.
The repatriation of foreign portfolio investment also increased to $32.2 million as against $25.4 million in the period under review.
