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UN: Global direct foreign investment may decrease by 40% this year

15 June 2020 10:52 (UTC +04:00)

Direct foreign investments may decrease by 40% this year, whilw 5-10% in 2021 due to the novel coronavirus. However, 38% of the decrease of current year is forecasted for CIS and Eastern European countries, APA-Economics reports citing report of the UN Conference on Trade and Development (UNCTAD), published in Geneva today.

“According to the forecast, global direct investments flow will decrease up 40% in 2020. It means that foreign investments that consisted USD 1.54 trillion foreign direct investments will fall below the level of USD 1 trln. for the first time since 2005. Moreover foreign direct investment is expected to decline by further 5-10% in 2021,” the report reads.