Profit repatriation jumps to $1.8bn

The outflow of profits and dividends on foreign investments jumped by 108 per cent during the first ten months of the current fiscal year over the same period of the last fiscal year. After the improvement of inflows, particularly higher remittances, the State Bank has eased the outflow of profits from the country. During the current fiscal year — FY25 — the outflow of profits was much higher than the previous year. One of the main reasons was reportedly the influence of the IMF, which made possible the profit outflow on foreign investment. The data issued by the State Bank on Monday shows that the outflow of profits during July-April FY25 jumped 108.7pc to $1.841 billion against $882 million a year ago.