Baku, Azerbaijan, Nov. 25
By Nigar Guliyeva - Trend:
In Kazakhstan, the level of the investment activity of enterprises kept unchanged in the third quarter of 2017. This was indicated in the report entitled "The conjuncture survey: Results of a survey of enterprises in the real sector of the economy" of the National Bank of Kazakhstan.
The report notes that the share of enterprises that financed fixed assets increased (69.7 percent), the share of enterprises that financed working capital was practically unchanged (87.7 percent).
The main source of financing for both core and working capital was the companies' own funds (66.6 percent and 82.6 percent, respectively).
Also, bank loans continue to play an insignificant role in the investment policy of enterprises.
Thus, the share of enterprises that financed fixed assets from bank loans in the third quarter of 2017 amounted to 5.6 percent, working capital - 15.6 percent.
At the same time, the main reasons limiting the investment activity of enterprises are lack of financial resources (30.7 percent of enterprises), insufficient profit (22.1 percent of enterprises), and insufficient demand for products (22.9 percent of enterprises).
According to the report, production performance indicators in the third quarter of 2017 also showed growth.
The share of enterprises that did not reduce production and labor productivity increased to 70.8 and 70.6 percent, respectively.