WHILE the Bangko Sentral ng Pilipinas claims that foreign direct investments have been rising under the President Marcos Jr. administration, it actually has drastically fallen this year, but concealed by a dubious $764 million single transaction in February 2024.
Without this particular inflow, and replacing it with the $74-million average (or "normal") monthly inflows in the last four years, foreign direct investments (FDI), excluding reinvestments*, from January to September would not amount to $1,357 million as the BSP reported, but to only $667 million, a huge 51 percent fall in foreign capital inflow.
