34,51 million euros were spent

The total inflow of foreign direct investment (FDI) in January amounted to 56,32 million euros, while at the same time 34,51 million euros flowed out of the country, according to preliminary data from the Central Bank of Montenegro (CBCG).

The net inflow of foreign direct investments, or the difference between their inflow and outflow, in January amounted to 21,81 million euros, which is 62,86 percent less than in the same month last year.

"The total inflow of foreign direct investment is 34,49 percent lower than the comparable period," the Bulletin states.

12,61 million euros flowed out of the country based on residents' investments abroad, while withdrawals of funds by non-residents invested in Montenegro amounted to 21,9 million.

The inflow of foreign direct investments in the form of equity investments amounted to 38,2 million euros, which is 67,83 percent of the total. Of this, EUR 30,05 million was invested in real estate, and EUR 8,15 million in companies and banks.

FDI inflows in the form of intercompany debt amounted to 17,42 million euros, which is 45,4 percent less than in January last year. The remaining 1,25 percent related to other investments.