The net influx of foreign direct investments (FDI) in Serbia in the first eight months of 2020 stood at 1.66 billion euro, which is 677.6 million (or 28.9 per cent) less than in the same period last year, ‘Macroeconomic Analysis and Trends’ magazine (MAT) said on Wednesday.
The influx, based on FDI of non-residents to Serbia, amounted to 1.72 billion euro and was lower by 807.5 million euro or 31.9 per cent.
The net influx of portfolio investments reached 1.4 billion euro and was higher by 1.2 billion euro, the magazine said.
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Between January-August 2020, the net credit liabilities of commercial banks increased by 625.2 million euro and while the net credit liabilities of companies went up by 290.6 million.
At the same time, the state reduced net credit liabilities by 60.3 million euro.
Receivables from trade credits, i.e., uncollected exports of goods, increased by some 673 million euro, while liabilities from unpaid imports of goods decreased by 808.4 million.
“The fact is that the inflow of FDI to Serbia has decreased due to the COVID-19 pandemic compared to last year, but less compared to the global FDI flows, where a 49% decline was recorded,” MAT said.
Most investments in Serbia came from European Union countries – about 68.4 per cent – and Russia, about 5.3 per cent, while the investments from Asian countries had a 20.2 per cent share and these primarily came from China, about 18.9 per cent.
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