In the first ten months of the 2023–24 fiscal year, foreign corporations repatriated $887 million in profits and dividends.
A 250 percent year-over-year (YoY) increase from $253.4 million during the same time the previous year.
In April 2024, however, this sum came in very low at $56.6 million, according to figures supplied by the State Bank of Pakistan.
With payments on total foreign investments of $226.9 million in 10HFY24 up 646% from $30.4 million.
In the same period the previous year—the Manufacturing sector had the greatest payments.
Profit Repatriation
During the review period, profit repatriation from the wholesale and retail trade.
As well as the repair of motor vehicles and motorcycles, totaled $213.5 million, while foreign investments in SPLY amounted to $4.8 million.
The sector of Financial and Insurance Activities saw outflows of $16.3 million in April 2024.
And $150.6 million in the previous ten months.
In the meantime, the industry that provides electricity, gas, steam and air conditioning supplies.
It paid out $122 million over the course of the 10 months and $7.5 million in April.
$50 million in revenues were repatriated to foreign outlets by the mining and quarrying sector in 10HFY24.
Notably, international enterprises were able to repatriate bigger returns due to higher profitability across different sectors.
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