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Home Prime News

FDI inflow declines by 64% in first 10 months of FY 2022/23

CEO Tab by CEO Tab
June 12, 2023
in Prime News
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FDI commitment declined 60% during five months
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The foreign direct investment (FDI) inflow in Nepal has declined by 64% in the first 10 months of the current fiscal year, compared to the same period last year.  

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According to the last 10 months’ data maintained by the Nepal Rastra Bank (NRB), the country received a total FDI of mere Rs 6.16 billion during mid-July 2022 and mid-May 2023. In the same period of the fiscal year 2021/22, the FDI inflow was recorded at Rs 17.08 billion.

Meanwhile, the repatriation amount surged by a whopping amount. The foreign companies took away Rs 1.80 billion, up from Rs 442 million during the review period. Foreign companies that have invested in Nepal take the return of investment in the form of profits and royalties.

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