Net Foreign Investment Inflows in April Decline by 14%

Foreign Direct Investments (FDI) inflows into the Philippines experienced a 14% decrease in April, dropping from $1 billion to $876 million compared to the same month last year. The Bangko Sentral ng Pilipinas stated that the decline in FDI may be a result of concerns over global economic growth slowdown and higher inflation levels.

The largest component of FDI inflows, which is net investment in debt instruments, also fell by 7.7% to $663 million from $718 million.

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