FDI increases marginally in H1

FT ONLINE

The inflow of Foreign Direct Investment (FDI) increased slightly in the first half (H1) of the current fiscal year (FY18).

In gross terms, it increased to $1.75 billion in July-December period of 2017 from $1.03 billion in the same period of 2016, latest central bank statistics show.

Thus the amount increased by only 0.80 per cent during the period under review.

The net inflow of FDI also witnessed a rise by 1.68 per cent in the first six months of the current fiscal year over the same  period of the past fiscal year.

Calculated by deducting disinvestment, repayments of loans and loss from the gross inflow of FDI, it stood at $1.03 billion in the H1 of the current fiscal year, which was $1.01 billion in the same period of FY17.