10-month FDI reaches $1.52b

Dhaka,  Mon,  21 August 2017
Published : 14 Jun 2017, 12:07:10 | Updated : 14 Jun 2017, 12:30:29
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10-month FDI reaches $1.52 billion

FE Online Report
Net inflow of Foreign Direct Investment (FDI) reached $1.52 billion in the first 10 months of the current fiscal year (FY17), according to the latest statistics of the central bank.

Thus, net inflow of FDI jumped by 30 per cent from the same period of the past fiscal year, which was $1.16 billion. 

Central bank statistics also showed that gross inflow of FDI stood at $2.55 billion in the first 10 months of the current fiscal year, which was $2.14 billion in the same period of FY16.

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

FDI in Bangladesh is, however, quite low especially as a percentage of the Gross Domestic Product (GDP). It is only 1.0 per cent of the GDP.
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