00:00Foreign direct investment or FDI net inflow saw a third consecutive month of growth in March
00:06surging by twenty three point one percent year-on-year to reach
00:11686 million dollars up from
00:14557 million dollars recorded in the same period last year this increase was primarily fueled by
00:21non-residents investments in debt instruments
00:24Meanwhile the country's Gross International Reserves or GIR level reached
00:29104 point four eight billion dollars as of May twenty twenty four up from one hundred and two point six five billion dollars in
00:36April twenty twenty four the rise in GIR is distributed mainly to the national government's net foreign policy
00:43deposits with a Banco Central ng Pilipinas, which include proceeds from the issuance of our
00:50ROP global bonds and net income
00:53from BSP's investments abroad
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