11M2020 update
FDI
11M2020, disbursed FDI reached USD 17.2 billion, down by 2.4% YoY and registered FDI reached USD 26.4 billion, down by 16.9% YoY. The decline of FDI followed the worldwide general trend in the context of the US-China trade war and the Covid-19 epidemic. Increasing instability caused investors to halt their activities. Another reason comes from the slow equitization of state-owned enterprises (only 7 out of 98 enterprises in the 2020 plan already equitized), which has a negative impact on investors’ interest.
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