Macroeconomy/Finance

Public investment fell 19.5% in the first semester

The public investment executed in the first semester was 96.66 billion pesos ($1.29 bn) and fell 19.5% in real terms concerning January-June 2019, informed the Congressional Budget Office (OPC). Both Real Direct Investment and Capital Transfers, which are the items that make up public investment, registered declines in the comparison of the year-on-year execution, of 37% and 3.9%, respectively.

Source: Ámbito

Categories: Macroeconomy/Finance