AZN 7.395 bn directed for fixed capital in Azerbaijan for Jan-Jul 2019


August 16, Fineko/abc.az. AZN 7.395 bn was allocated from all financial sources for development of the economy and social sphere of Azerbaijan, and 67.7% of the funds were spent on the cost of construction and installation works.

The State Statistics Committee informs that 64.3% of total investments were spent on production, 26.4% on services, and 9.3% on the construction of residential buildings.

Funds directed for fixed capital from domestic sources accounted for 70.8% of total investments.

In the total cost of investments in fixed capital, the funds of enterprises and organizations made up 55.3%, budget funds 28.1%, bank loans 7.9%, personal money of the population 6.9%, funds of extra-budgetary funds 1.5%, and other finances 0.3%.