Inflow of FDI slows in July-February


FE Online Report | Published: April 21, 2018 14:31:21 | Updated: April 21, 2018 19:06:41


Inflow of FDI slows in July-February

Inflows of foreign direct investment (FDI) have slowed in the first eight months of the current fiscal year.

Latest statistics, released by the central bank, showed that the net inflow of FDI registered only 0.80 per cent growth in July-February period of this fiscal year over the same period of the past fiscal year.

It showed that the inflow of net FDI stood at $1.26 billion in the first eight months of the current fiscal year while the amount was $1.15 billion in the same period of FY17.

Disinvestment and, repayments of loans and loss of the current multination entities have been deducted from the gross inflow of FDI to calculate net FDI.

The central bank data also showed that the gross inflow of FDI increased by 4.55 per cent to $2.27 billion in July-February period of FY18 which was $2.17 billion in the same period of FY17.

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