Foreign direct investments (FDI) will continue to grow this year, the Bangko Sentral ng Pilipinas (BSP) said on Tuesday, given positive developments that are expected to even higher inflows next year.
After recently announcing downward revisions to expected remittances, dollar reserves and other macroeconomic forecasts for the year, the central bank said it was keeping its 2015 net FDI inflow projection at $6 billion, an increase from the $5.5 billion recorded in 2014.
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