Net FDI inflow plunged to 10-year low in April

Bangko Sentral ng Pilipinas

MANILA, Philippine – The net foreign direct investment (FDI) inflow into the Philippines plunged to its lowest level in nearly a decade in April, as heightened global uncertainty at the peak of the Middle East war weighed on investor sentiment.

According to the Bangko Sentral ng Pilipinas (BSP), inflows exceeded outflows by $250 million during the month, the weakest net inflow since June 2016, when the country recorded $244 million.

READ: FDI inflows hit 2-month low

Article continues after this advertisement