The value of capital importation into the country grew quarter on quarter (QoQ) by 54 percent to $5.9 billion in the first quarter of the year (Q1’20) from $3.8 billion recorded in the fourth quarter of last year (Q4’19).
The National Bureau of Statistics (NBS) disclosed this yesterday in its Q1’20 Capital Importation Report.
The bureau noted that year-on-year (YoY) capital importation into the country declined by 31.2 percent when compared with $8.5 billion recorded in Q1’19.
According to the report, the largest amount of capital importation by type was received through portfolio investment ($4.3 billion).
The National Bureau of Statistics (NBS) disclosed this yesterday in its Q1’20 Capital Importation Report.
The bureau noted that year-on-year (YoY) capital importation into the country declined by 31.2 percent when compared with $8.5 billion recorded in Q1’19.
According to the report, the largest amount of capital importation by type was received through portfolio investment ($4.3 billion).