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CBCG: €66.8m outflow in the first seven months of 2017

Ilustracija

Total inflow from foreign direct investments (FDI) in the first seven months of 2017 amounted to €316.6m, whereas at the same time, the outflow was €66.8m, preliminary data of the Central Bank of Montenegro (CBCG) show.

Net foreign direct investment inflow, or the difference between its inflow and outflow amounted to €249.8m, which is by 41% higher than in the same period last year.

“The outflow of residents’ funds invested abroad amounted to €17.2m, whereas non-residents’ funds invested in Montenegro amounted to €49.6m,” CBCG stated in its bulletin.

The inflow of foreign direct investments in the form of equity investments amounted to €180.6m, accounting for 57% of the total inflow. Out of this, real estate investment amounted to €80.4m, whereas €100.2m was invested in companies and banks.

FDI inflows in the form of intercompany debt amounted to €132.2m or 41.7% of the total inflow.

Inflow based on residents’ funds invested abroad amounted to €3.8m.

 

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