Gross FDI declines by 7.36pc in July-May period of FY 18

Gross inflow of foreign direct investment (FDI) into Bangladesh declined by 7.36 per cent in the first 11 months of the past fiscal year (FY 18).

Central bank statistics, released last week, showed that gross inflow of FDI stood at $ 2.60 billion in July-May period of FY18 which was $ 2.81 billion in the corresponding period of FY17.

The Bangladesh Bank statistics also showed that net inflow of FDI dropped by 4.18 per cent to $1.60 billion during the period under review.

The amount was $1.67 billion in the same period of FY17.

Disinvestment, repayments of loans, and losses are deducted from the gross FDI to determine the net inflow of FDI.