site.btaManagers in Private Sector Foresee a 17.5% Decrease of Investments in 2021

April 12 (BTA) - According to the results of an inquiry conducted by the National Statistical Institute on investment activity, the plans of industrial enterprises in 2021 are for a decrease of investments by 15.5 per cent in comparison with the previous year. The share of the private sector in the total volume of the expected expenditures for acquiring fixed tangible and intangible assets this year is 85.2 per cent, as the managers in this sector foresee a decrease of their investments programs by 17.5 per cent compared to 2020.

The industries producing intermediate goods form the greatest share of expected investments in 2021 (38.2 per cent) with an expected decrease of 13.8 per cent in comparison with the previous year. In the second place in foreseen volume of investments are the energy and water-related industries (with a relative share of 31.1 per cent) which expect an increase of 4.7 per cent compared to 2020. The industries producing non-durable goods are next with a relative share of 15.8 per cent as the managers' expectations are for a decrease of the investment programs by 30.8 per cent compared to the previous year.

According to the survey data, in 2020 the expenditures for acquiring fixed tangible and intangible assets in industry are 8.7 per cent less compared to 2019.

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