Kathmandu. In the first three months of the current fiscal year 2082÷83, there has been a huge decline of 64 percent in foreign direct investment. The ‘Current Economic and Financial Situation of the Country’ released by the Nepal Rastra Bank (NRB) has shown the dismal state of foreign investment.

In the first three months of the last fiscal year, Nepal had received Rs 4.81 billion in foreign direct investment. In the first three months of the current fiscal year, foreign direct investment (FDI) amounting to Rs 1.74 billion has been inflowed.

In the last fiscal year, Rs 800 million was invested, while in the current fiscal year, Rs 69 crore was inflowed. In the last fiscal year, Rs 2.71 billion had entered the country while Rs 1.27 billion had entered the country till mid-September of the current fiscal year.

Now, by September, it has decreased further. In the last fiscal year, Rs 4.81 billion was invested while Rs 1.74 billion was invested in the first three months of the current fiscal year. However, there has been a high rate of decline since the Genji movement.