Net inflow of Foreign Direct Investment (FDI) increased by 32.76 per cent in the past fiscal year (FY17), according to the latest statistics of the central bank.
It showed that total inflow of net FDI stood at $1.70 billion in FY 17 which was $1.28 billion in FY16, as mentioned in the latest table of the balance of payments (BoP).
Disinvestments, repayments of loans & losses have been deducted from the gross inflow of FDI to determine the net inflow of FDI, as per the sixth edition of the Balance of Payment Manual (BPM6) designed by the International Monetary Fund (IMF).
Bangladesh Bank data also showed that gross inflow of FDI stood at $2.95 billion in FY17 recording 19.30 per cent growth from $2.50 billion in the previous fiscal.
Detailed FDI data for FY17 is yet to be available.
The central bank substantially revised the FDI data in line with the BPM6 over the past four fiscal years. Yet, the revision has created some confusion on the actual amount of FDI existing in the country now.
