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FDI flows slow
World Bank estimates Foreign Direct Investments at almost $4 billion in 2011
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The World Bank estimated foreign direct investment (FDI) in Lebanon to be at around $3.96 billion in 2011, meaning the FDI has dropped by around 20 percent from its 2010 amount.
Over the past four years, the FDI flows to the country posted a continued annual growth from $3.37 billion in 2007 to $4.98 billion in 2010, according to the World Bank’s Global Economic Prospects published in January 2012.
According to the report, the combined FDI in Lebanon, Egypt, Tunisia, Morocco, and Jordan fell by 39.7 percent to $9.56 billion in 2011. FDI flows to Lebanon accounted for 41.4 percent of the cumulative FDI in these countries in 2011, relative to a share of 31.4 percent in 2010.
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Date Posted:
Jan 24, 2012
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