Net foreign direct investments (FDI) slumped to their lowest level in over a year in July on the back of a steep drop in funds channeled into debt instruments, the Bangko Sentral ng Pilipinas (BSP) reported on Tuesday.
At $307 million, the net inflow for the month was 37.9 percent lower compared to July last year and was also the smallest since June 2016’s $238 million.
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