Foreign Direct Investment Target Breached in 2016

Foreign direct investment (FDI) inflows reached $7.93 billion last year, $2.29 billion higher than the $5.64 billion recorded in 2015 and above the  $6.7 billion target. For December alone, net FDI inflows surged 146 percent to $669 million from $272 million in the same month in 2015. The increase came about despite external shocks brought about by Brexit and the increase in interest rates in the US…

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