Sunday, January 16, 2011

Foreign direct investments in 2009 were around 1.4 billion euros lower than original calculations had shown, down 63% against the previous year, instead of the original 48% decline.
The NBR (National Bank of Romania) has revised its statistical data on foreign direct investments, coming up with an overall 1.4 billion-euro decline against the original value that resulted from the monthly calculations of the central bank. Originally, the NBR had reported foreign direct investments worth 4.9 billion euros, down 48% against 2008, but the real decline was 63%, to 3.5 billion euros. "The National Bank conducts an annual research in collaboration with the National Statistics Institute to determine the amount of foreign direct investments, based on which investment data calculated on a monthly basis during the year are revised. The investigation offers various information on foreign direct investments, such as: their structure, investments by economic sectors and reinvested profit," Constantin Chirca, deputy manager of the NBR's Statistical Department told ZF.

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