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€26.6m outflow in the first three months of 2017

Total inflow from foreign direct investments (FDI) in the first three months of 2017 amounted to €128.3m, whereas at the same time, the outflow was €26.6m, preliminary data of the Central Bank of Montenegro (CBCG) show.

Net foreign direct investment inflow, or the difference between their inflow and outflow amounted to €101.7m, which is by 45.4% more than in the same period last year.

“The outflow of residents’ funds invested abroad amounted to €4.1m, whereas non-residents’ funds invested in Montenegro amounted to €22.5m,” CBCG stated in its bulletin.

The inflow of foreign direct investments in the form of equity investments amounted to €85.6m, accounting for 66.7% of the total inflow. Out of this, real estate investment amounted to €37.2m, whereas €48.4m was invested in companies and banks.

FDI inflows in the form of intercompany debt amounted to €41.1m or 32% of the total inflow.

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