FDI commitments were US$879 million in May 2022, the lowest level since September 2020, and nearly 50 percent lower than a year ago . This is the fourth consecutive month of decline, reflecting the heightened economic uncertainties caused by the protracted war in Ukraine and the health-related lockdowns in China. After being relatively active, M&A activities slowed down for a second month with the value of capital contribution and equity purchases falling by 40 percent (y/y) in May. On the other hand, FDI disbursement remained strong in May (up 8.5 percent (y/y)), marking a six-month expanding streak.

Source: The World Bank