Inflows of Foreign Direct Investment (FDI) declined moderately in the first nine months of the current fiscal year.
Latest statistics of the central bank showed that the net inflow of FDI declined by 2.89 per cent to $1.36 billion in July-March of FY18, which was $1.41 billion in the same period of FY17.
The Balance of Payments (BoP) data also unveiled that the gross inflow of FDI dropped by 6.0 per cent to $2.25 billion in July-March of FY18, which was $2.39 billion in the same period of the past fiscal year.
Disinvestments, repayments of loans and losses have been deducted as per the sixth edition of the BoP manual of the International Monetary Fund (IMF).
On the BoP basis, the net inflow of FDI stood at $1.70 billion, while the value of gross inflow was $2.98 billion in FY17.
The detailed FDI statistics, prepared by Foreign Investment & External Debt (FIED) Division of the Statistics Department of central bank, however, provides a different picture.
The data showed the net inflow of FDI in the past fiscal year was $2.45 billion, while the gross inflow stood at $3.03 billion.
