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Friday, November 13, 2015, Kartik 29, 1422 BS, Muharram 30, 1437 Hijri

FDI rises by 36pc to $449m in Q1 FY16
Business Correspondent
Published :Friday, 13 November, 2015,  Time : 12:00 AM  View Count : 10
Inflow of Foreign Direct Investment (FDI) in the country has increased by around 36 per cent during the first quarter of the current fiscal year ((FY16), according to Bangladesh Bank data.
The data revealed that the net inflow of FDI stood at $449 million in July-September period of 2015, that is the first quarter of the current fiscal year (FY) 2015-16. The amount was $331 million in the same period of the last fiscal FY 2014-15.
Net inflow of FDI in FY15 was $1833.87 million, according to revised estimation of the central bank. Earlier, Bangladesh Bank's provisional estimation put the figure at $1700 million.
The FDI in last fiscal year was 23 per cent higher than the FDI of FY14 when the amount of net FDI inflow recorded at $1480.34 million.

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