By the first quarter of 2023, foreign investment presents positive flows of $us 60 million, according to the BCB

The Central Bank of Bolivia (BCB) reported that, by the first quarter of 2023, the Bolivian economy registered a positive flow of Foreign Direct Investment (FDI) by $us 60 million, In other words, the country was a net recipient of foreign capital, which reflects -according to the BCB- the confidence of foreign investors in Bolivia.

This net positive flow registered for the third consecutive period for the January-March period, indicated the BCB and specified that this means that the resources invested by foreign investors in the national economy they reached $us 152 million, being higher than the payments they received ($us 92 million).

“It should be noted that, in sectoral terms, except for financial intermediation and mining activities, the rest of the sectors had an ifavorable investment flow. Indeed, the manufacturing industry sector stands out, which presented a positive net flow of $us 49 million and hydrocarbons for $us 46 million. The rest of the sectors also present a favorable balance of $us 45 million”, detailed from the BCB.

For the Issuing Entity, the figures referring to the FDI show that, despite the global economic challenges and the internal speculative attack that the country suffered in the first months of the year, foreign investors They trust the Bolivian economic model and its potential in economic matters and the policies implemented by the National Government “in coordination with the BCB, which has allowed the recovery of the economy and macroeconomic stability.”