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KARACHI: The State Bank of Pakistan (SBP) reported on Tuesday the repatriation of profits and dividends on foreign direct investment (FDI) during the first two months of 2017-18 rose 68 per cent to $300 million.
The SBP report revealed that financial businesses (banks) repatriated $77.5 million in July-August against the net FDI of just $13.5m that the same sector received during the two-month period.
With the payment of $12.6m on foreign portfolio investment, the total outflow from this sector amounted to $90m in July-August against $13.8m a year ago.
Repatriation of profits and dividends from the petroleum refining sector was $47.3m, power $44.3m and telecommunications $39.8m in July-August.
Published in Dawn, September 27th, 2017
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Sep 28, 2017 01:52am
All foreign investment requires repatriation with profits.
If I invest a dollar in a 'risky' country, I expect a higher rate of return, so several dollars over life of investment.
As Pakistan becomes less risky, things will change, but understand returns are proportionate to risk.
CPEC $50 billion is no different if FDI, better if loans, but then the risk is with us.
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