PRISTINA (Kosovo), July 3 (SeeNews) – Kosovo posted a negative foreign direct investment (FDI) inflow, of 2.2 million euro ($2.5 million) in April, compared to a positive inflow of 20 million euro in April 2018, central bank figures show.
By comparison, foreign remittances to Kosovo totalled 68.8 million euro in April, up 7% year-on-year.
The biggest single volume of inbound foreign investment in Kosovo in April, of 6.4 million euro, originated in Germany. Switzerland followed with 5.2 million euro. At the opposite end of the table, investment flow from Turkey posted a negative balance of 28.4 million euro.
The sectors, which attracted the biggest volume of investment by non-residents in April were real estate, renting and business activities with 15.8 million euro, and electricity, gas and water supply with 5.3 million euro. Whereas financial intermediation was the biggest net loser with a negative balance of 23.8 million euro.
In 2018, the net inflow of FDI to Kosovo totalled 231.5 million euro, down from 281.3 million euro in 2017.
($ = 0.88551 euro)