The government Budget 2016 had 59.2 billion ALL for public investments,
but by the end of November, the government had realized only 75% of
them, leaving around 110 million USD unused.
The data for December are not published yet, but it is clear that the realization level is a problem, especially for the fact that the Budget 2016 was the lowest in several years.
Public investments were what the government did cut most in order to reduce the debt. Last year the Budget was reduced with 4 billion ALL, compared to one year ago.
Data published this Thursday by INSTAT show that the private sector has saved the annual figures for the government achievements, since foreign and local companies have invested more than the other years.
INSTAT data showed that during the first nine months of 2016, the total investments in economy reached 16.8 billion ALL, or 130 million higher than one year ago, turning into one of the main sources for economic growth.
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