Foreign Direct Investments Down 14.3% in October

Foreign direct investments declined 14.3 percent to $342 million in October last year from $399 million in the same month in 2015. Inflows were also down nearly 70 percent in September. For the first 10 months of 2016, FDI inflows grew 22.2 percent to $6.22 billion from $5.09 billion in the same period in 2015. Investor confidence slipped in October due to the uncertainty of an interest hike in the US, shift in foreign policy by the…

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