NET inflows of foreign direct investments (FDI) posted a double-digit decline in April amid positive balances in the month, the Bangko Sentral ng Pilipinas (BSP) said on Wednesday.

In a statement, the central bank said the amount of investments made by foreign individuals or entities in the country dropped by 11.8 percent to $961 million in April from $1.1 billion in the same month a year ago.

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