According to the latest figures published by the Institute of Statistics, the amount of investments in the first half of the year increased significantly. A direct indicator of these results is the increase of machinery and equipment import which in the first semiannual of 2015 reached the value of ALL 52.4 billion. This means that the import of machinery by private businesses increased by 15% compared to the same period of a year before.
Another indicator is the increase of businesses’ belief on the economic development, as shown by the Economic Sentiment Indicator, issued on July 15th of this year. In the second quarter of 2015, the economic sentiment indicator increased by 5.1 points, says the report.
The increase of public investments has also had its positive effect in the increase of investments in many economic sectors.Government’s public investments reached the value of ALL 17.6 billion, increasing by 28% compared to the same period of 2014.
Also, the repayment of the outstanding debts by the government to private businesses has influenced the increase of investments. During this year, foreign investments played an important role in boosting country’s economy.
News source/photo credits: Scan TV
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