Thursday, 22, August, 2019

Joint meeting of the Senate committee on international relations, foreign economic relations, foreign investments and tourism and the committee for budget and economic reforms was held today.

During the meeting, the report for Q1 of the Ministry of Investment and Foreign Trade was heard.

The activities of the Ministry of Investment and Foreign Trade was discussed in detail. In particular, US$ 6.8 billion of foreign investments and loans is expected to be drawn in 2019, that is by 1.2 times more to 2018.

The plan for 345 projects in 2019 is US$ 7.8 billion, in January-March 2019 - US$ 2,193.3 million or in relation to the Q1 plan ($ 1,171.4 million), or 187.2 % and compared to the annual target figures - 28%.

In addition, it was noted that a draft resolution of the Cabinet of Ministers was developed to set up a direct investments fund.

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