The Truth About The Government’s New Investments: They Were Down 60% In H1

11.09.2011 By Claudia Medrega

The long-awaited new investments financed and accepted as completed by the government in the first half of this year, which should have given the economy a boost, actually dropped by almost 60% compared with the same time of 2010, according to standards of the European System of Accounts (ESA95), the Fiscal Council warns.

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Keywords:
GOVERNMENT
, INVESTMENTS
, ACCOUNTING
, ESA