The net inflow of foreign direct investments (FDI) into the Philippines shrank by 23 percent to $9.2 billion in 2022 amid a slowdown in global economic growth, according to the Bangko Sentral ng Pilipinas (BSP). BSP data show that Philippine-bound net FDI inflow decreased from $11.98 billion in 2021 as both lending and equity capital from overseas dropped last year. Last year, nonresidents' investments in debt instruments slumped by 15.6 percent to $6.3 billion from $7.5 billion a year earlier.

https://business.inquirer.net/390446/fdi-inflow-to-ph-shrank-23-in-2022-to-9-2b

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