According to the latest State Bank figures, Net Foreign Investment for the period of July – September FY ’18 fell by 1.4%. The reported period witnessed a decline of $ 7.5 million to reach $ 534 million against previous year's total of $ 541.7 million.
However, Foreign Direct Investment the key figure which represents the amount invested for foreigners in the local economy increased by a whopping 56% during the July – September period. FDI brought in a total of $662 million cash inflows in the economy whereas the net outflows for the period totalled $ 10.2 million.
Direct Investment – July to September
July – September
Change over July – September FY '17
FY '17 (R)
FY '18 (P)
Absolute
%age
Direct Investment
450.9
583.7
132.9
29.5
Inflow
423.4
661.9
238.5
56.3
Outflow
100.3
110.4
10.2
10.1
Net Foreign Public Investment, in the Debt Securities (Net Sale/Purchase of special US $ Bonds) witnessed a -154.7% decline, with an absolute change of $ -140.4 million in the perios under review.
Foreign Public Investment
July – September
Change over July – September FY '17
FY '17 (R)
FY '18 (P)
Absolute
%age
Foreign Public Investment
90.8
(49.6)
(140.4)
(154.7)
Equity Securities
Debt Securities
90.8
(49.6)
(140.4)
(154.7)
During the fiscal year, 2016 – 17 the net foreign investment in the country reached a total of $ 2.48 billion.
