Categories
Top Stories

BSP cuts 2020 FDI forecast to $4.1 B – Manila Bulletin

Before the virus pandemic, the central bank was expecting this year’s net foreign direct investments (FDIs) inflows to reach $8.8 billion but due to the global economy’s high level of uncertainty, the Bangko Sentral ng Pilipinas (BSP) cut its forecast by half to $4.1 billion.

  1. BSP cuts 2020 FDI forecast to $4.1 B