Foreign investment - no major changes in 2011

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The overall situation observed in 2011 in terms of attracting foregin investments differed very little from that seen in previous years. The single largest sale which occured, however, did result in a large amount of FDI attracted during the year. The government continues to view privatisation only from the fiscal point of view, which is reflected in the low rate of growth in the flow of foreign capital into the economy. The financial crisis complicated the process of finding investment. Measures taken by the government and the National Bank, nevertheless, managed to stabilise the situation by the middle of the autumn period. There were also reforms, as the paper explains, introduced in taxation aimed at increasing investment activity to help this process. 

Akulova Mariya
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Last updated 30.01.2016
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