FDI up by 8.45 pc in Q1

Net inflow of Foreign Direct Investment (FDI) in Bangladesh increased by 8.45 per cent during the first quarter (Q1) of fiscal year 2016-2017 (FY17).

Central bank’s statistics revealed that net inflow of FDI stood at $642 million in July-September period of the current fiscal year which was $592 million in the same period of FY16.

If considered on calendar year basis, FDI in nine months (January-September) of 2016 stood at $1507 million or $1.50 billion. The amount was $1688 million or $1.68 billion in the same period of 2015.

Again, in the last fiscal year, ended June 30 of 2016, net inflow of FDI stood at $2 billion.