PM of Ukraine Calls to Strength Investment Potential
OREANDA-NEWS. February 01, 2013. Modernization of industry and structural reconstruction of economics demand best conditions for accumulating investment resources and strengthening investment potential of economics. This was stressed by Prime Minister Mykola Azarov on commenting the need to finalize the State program of activization of economic development for 2013 – 2014, in the course of a meeting of the Government.
Mykola Azarov noted that main source of financing of capital investments, as it was before, remains funds of enterprises and organizations at the account of which 61 % of investments was used in 2012. At this, the head of Government added, investments of the national enterprises into their own production grew by 17% last year.
Besides, according to him, a share of bank and other kinds of loans in the general amount of capital investments, unfortunately, remains low – 16%.
Mykola Azarov emphasized resources of the state and local budgets are restricted: at the account of them 5% and 2.5% of capital investments respectively are used.
“And we will increase neither budget loading on economics nor budget deficit. In such a situation we must apply a whole arsenal of other means,” he summed up.
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