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Net FDI in July-Jan declines

| Updated: March 23, 2018 17:28:53


Net FDI in July-Jan declines

Inflow of net Foreign Direct Investment (FDI) slightly declined in the first seven months of the current fiscal year, according to the latest statistics of the central bank.

It showed that total net inflow of FDI was $1.10 billion in July-January period of FY18, as against $1.13 billion in the same period of the previous fiscal year.

The central bank statistics also showed that gross inflow of FDI in the first seven months of the current fiscal year increased marginally to $1.99 billion which was $1.96 billion in the same period of FY17.

Disinvestment, repayments and loss are deducted from the gross inflow of FDI to calculate the net inflow of FDI.

Net inflow of FDI in the past fiscal year was $1.70 billion, registering 32.76 per cent growth over the net FDI worth $1.28 billion in FY17.

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