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Foreign Investments & Loans Represent a Total of 22% of Investments in Fixed Capital

11 August 2011
Foreign Investments & Loans Represent a Total of 22% of Investments in Fixed CapitalNBU

www.uzdaily.com of 8/11/2011 - According to the State Statistics Committee of Uzbekistan, foreign investments and loans made up 22% in total volume of investments into fixed capital in the reporting period, while resources of enterprises and population - 50.7%. Share of the state budget in total volume of used investments into fixed capital reached 6.1%, the Fund on Land-Reclamation - 0.3%, loans of banks and other credit resources - 12.8%, and resources of off-budget funds, including Fund of Reconstruction and Development, - 8.1%. The committee noted that state enterprises used investments for 1.702 trillion soums, while non-state enterprises - 6.552 trillion soums. About 28.1% of investments, used by the state enterprises, fell to share of the State Budget, 35.2% - own resources of enterprises and population, 19.1% - off-budget funds, and 14.9 % - foreign investments and loans. About 54.6% of investments, utilized by non-state sector, fell to share of own resources of enterprises and population and 23.9% - foreign investments and loans. Share of loans of banks and credit resources made up about 15.8%. Largest share of foreign investments and loans were directed to transport and communication (58.6%) and fuel-energy industries (25.1%).