fdi inflows jump by 2775pc in fy17

FE Online Report | Published: July 11, 2017 10:14:44 | Updated: October 25, 2017 05:20:30


Net inflow of foreign direct investment (FDI) jumped by 27.75 per cent in the first 11 months of the past fiscal year (FY17).

Latest statistics of the central bank showed that net inflow of FDI stood at $1.62 billion in July-May period of the last fiscal year which was $1.27 billion in the same period of FY16.

Bangladesh Bank data also revealed that gross inflow of FDI surged to $2.65 billion in July-May period of FY17 which was $2.33 billion in the same period of FY16.

Thus, gross inflow registered 13.73 per cent growth during the period under review.

Disinvestment, loss, and repayments of intra-company loans have been deducted from gross inflow of FDI to determine the net inflow.

- AK

Share if you like