Outflow amounted to €226.2m

#CentralBankOfMontenegro(Cbcg) #Outflow #DirectForeignInvestment

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Total inflow of foreign direct investment (FDI) in the first five months of this year amounted to €227.6m, whereas at the same time the country’s outflow amounted to €226.2m, the preliminary data of the Central Bank of Montenegro (CBCG) showed.

Net foreign direct investment inflow, or the difference between their inflow and outflow in the first five months amounted to €51.4m.

The outflow of residents’ funds invested abroad amounted to €7.6m, whereas the withdrawal of money invested in Montenegro by non-residents amounted to €218.6m.

The inflow of foreign direct investments in the form of equity investments amounted to €126.1m, accounting for 45.4% of the total inflow. Out of this, real estate investment amounted to €37.8m, whereas €88.3m was invested in companies and banks.

FDI inflows in the form of intercompany debt amounted to €54.3m or 19.6% of the total inflow. Withdrawal of funds invested abroad by residents amounted to €97.2m.

Source: Cafe Del Montenegro