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.
ZF English
1.4bn euros' worth of foreign investments evaporate after data revision
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…