Balance Of Payments (BOP) at a Deficit of Rs.195 Billion

January 14, 2022 | Investopaper

Balance of Payments (BOP) remained at a deficit of Rs.195.01 billion in the first five months of the current fiscal year 2021/22 against a surplus of Rs. 106.48 billion in the same period of the previous year. In the US Dollar terms, the BOP remained at a deficit of 1.64 billion in the review period against a surplus of 896.5 million in the same period of the previous year.

Similarly, the current account remained at a deficit of Rs.300.69 billion in the review period compared to a deficit of Rs.23.0 billion in the same period of the previous year. In the US Dollar terms, the current account registered a deficit of 2.52 billion in the review period compared to deficit of 196.6 million in the same period last year.

In the review period, capital transfer decreased 2.4 percent to Rs.4.64 billion while net foreign direct investment (FDI) increased 57.0 percent to Rs.7.07 billion. In the same period of the previous year, capital transfer and net FDI amounted to Rs.4.75 billion and Rs.4.50 billion respectively.


Recommended: Balance Of Payment (BOP): Explained

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