World Bank Reports Significant Drop in Investment Flows to Developing Countries in 2023

Reported about 19 hours ago

In 2023, foreign direct investment (FDI) flows into developing economies fell to $435 billion, the lowest since 2005, while advanced economies saw a drop to $336 billion, the lowest since 1996. The World Bank attributes this decline to rising barriers to investment and trade, macroeconomic uncertainty, and geopolitical risks, warning that such trends threaten development efforts and job creation. To reverse this slowdown, the report calls for bold domestic reforms, easing of investment restrictions, and increased global cooperation to ensure that FDI targets the countries with the greatest needs.

Source: YAHOO

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