Government subsidies and soft loans also supported investment

By: Trademagazin editor Date: 2021. 11. 29. 11:25

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The volume of investment in the third quarter exceeded the pre-crisis level, in which the government’s and the central bank’s support and concessional loan programs, but also the inflow of foreign direct investment, played a role. The further growth will be supported by the expected increase in the transfer of EU funds, analysts told MTI.

Many factors support growth in investment, according to analysts

According to a report by the Central Statistical Office (KSH) published on Friday, the volume of investment increased by 12.4 percent in the third quarter, with an increase of 21.8 percent among enterprises and a decrease of 11.7 percent in budgetary bodies. The annual growth rate of investment in manufacturing was 24.9 percent. The seasonally adjusted volume of investment in the national economy increased by 1.8 percent quarter on quarter. (MTI)