Results 1 to 1 of 1
  1. #1
    Runner Up - Admins Awards
    Join Date
    Dec 2009

    Default Pakistanís slow economy affected Profit and Dividend Repatriation by foreign investor

    Follow us on Social Media

    Repatriation of dividend and profit by foreign investors increased to $729.6 million in Pakistan in July-May period and reached equal to same period of last fiscal year.

    The amount of dividend and profit repatriation decreased 10% in July-April to $609.6 million but observed a massive increase of $120 million in May 2010 which increased the overall amount of dividend and profit repatriation in July-May period of the current fiscal year.

    This surge was observed in the first eleven months of the current fiscal year against $729.5 million at the same period last FY.

    According to State Bank of Pakistan, there was a slight increase of $0.1million in July-May period during FY 2009-10 compared to same period in FY 2008-09.

    Business Recorder reported due to slow economy dividend and profit repatriation observed a 29 percent decline to $319.5 million with a monthly average outflow of $53 million in the first half of the current fiscal year but now it increased to $66 million.

    Though FDI saw majority of repatriation of profit and dividend, the overall amount of repatriation through FDI actually declined 4.16%. 66% of the amount repatriated has been sent in FDI. In July-May period, investors sent $544.8 million to their home countries earned through FDI against $568.5 million at the same period last year

    On the other hand, repatriation of profit and dividend through Foreign Portfolio Investment (FPI) increased 15% or $23.7 million during July-May period.
    ...being a human...



Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts