"Analyst: “To make matters worse, 75% of the reported FDI (USD 2.2 bln out of USD 2.9 bln) came from well-known offshore financial havens (Cyprus, the British Virgin Islands and the Netherlands). So these are the repatriated funds of Ukrainian oligarchs, not foreign investments.”
KYIV, Feb 17, 2014 (UBO) - Ukraine’s Foreign Direct Investment (FDI) inflow plunged 30.7% yoy to USD 2.9 bln vs. USD 4.1 bln a year ago, according to state statistics released on February 14, Concorde Capital told clients in an online advisory today."
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