Uzbekistan mastered 50.1 trillion soums of investments in fixed assets

Tashkent, Uzbekistan (UzDaily.com) -- In January-March 2022, 50.1 trillion soums of investments in fixed assets, which is 26.6% more than the figure for the corresponding period of 2021, were mastered in Uzbekistan. The share of investments accounted for 30.8% of the gross domestic product.

The main volume of investments in fixed assets was financed through direct and other foreign investments and loans without government guarantees (43.2%), as well as own funds of enterprises and the population (38.3%).

Despite the reduction in the volume of foreign loans guaranteed by the government by 38.4%, due to the growth in the volume of direct and other foreign investments and loans without government guarantees by 56.5%, 46.2% of investments in fixed assets were financed from external resources.

A 74.9% reduction in investment financing from the Fund for Reconstruction and Development contributed to a reduction in the share of domestic government resources in financing investments in fixed assets.

Even in the face of a 3.4% decrease in the volume of investment financing at the expense of the population, the growth in the volume of financing at the expense of enterprises’ own funds and loans from commercial banks contributed to the preservation of the role of domestic private resources as the largest source of financing investments in fixed assets.