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Central Bank: Outflow amounted to €37 million

Investments increased by 1% compared to the same period last year, while the total outflow decreased 42.6%.

The outflow of residents’ funds invested abroad amounted to €9.8 million, while the withdrawal of money invested in Montenegro by non-residents amounted to €27.2 million.

Net foreign direct investment, or the difference between their inflow and outflow in the first six months amounted to €185.4 million, which is 19.1% more than in the same period last year, according to a new CBCG Bulletin.

The inflow of foreign direct investments in the form of equity investments amounted to €111.3 million, accounting for 50.1% of the total inflow. Out of this, real estate investment amounted to €70.1 million, whereas €41.2 million was invested in companies and banks.

FDI inflows in the form of intercompany debt amounted to €108.5 million or 48.8% of the total inflow. Withdrawal of funds invested abroad by residents amounted to €2.5 million.

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