The returns on investment in the country’s financial sector continue to be highly lucrative despite anaemic GDP growth rate for the last five years.
The State Bank’s latest report showed that $327 million was paid in profit/dividend during the first 11 months (July-May) of this fiscal year on the investment in financial businesses, mostly banks, while foreign direct investment (FDI) in this sector during the same period was just $142m.
The report also revealed that the repatriated amount on foreign investment is rising each year. The total amount repatriated during the period was $1.157 billion against net FDI of $1.362bn.
