A report by UNCTAD indicates a record mainly driven by performance in the year’s first half. For 2023, prospects are not as sound.
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The disease outbreak has slowed down manufacturing in China, which is expected to reflect on countries it has economic relations with.
The announcement was made in Davos, Switzerland during the World Economic Forum. Summit will run in October, before the G20 meetings.
Global foreign direct investment flow totaled USD 1.39 trillion last year, down 1% from a year before. But in Brazil they increased 26%, in Saudi Arabia 9%, and in Egypt 5%.
The country was targeted by USD 3.6 billion in foreign direct investment in the first half of 2019, the United Nations Conference on Trade and Development (UNCTAD) reported.
