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Some doubts on foreign investments

By Messenger Staff
Wednesday, August 22
There are serious differences between the preliminary and final data about foreign investments provided by the National Statistical Department. Either the Statistical Department has incompetent employees or possibly the figures were adjusted according to someone’s order. For instance in 2010 the preliminary data for foreign investment was $549 million and the final data was $814 million: a difference of almost 50%. In 2011 the preliminary data was $980 million whereas the final figure was $1.117 billion, a difference of almost 14%, according to the Rezonansi newspaper. Independent economic analysts think that a 3-5% difference would be acceptable but such huge discrepancies create serious doubt about the reliability of the National Statistical Department's figures.