Over AZN 10 bn directed for fixed capital for Jan-Sept


October 17, Fineko/abc.az. The State Statistics Committee reports that AZN 10.146 bn were directed for the fixed capital from all financial sources for development of the economic and social sectors of Azerbaijan for the first 9 months of 2019, and cost of construction & installation works made up 66.7% of the spent finances.

65.4% of total investment was spent on production, 25% on services, and 9.6% on the construction of houses. Funds directed for fixed assets from domestic sources made up 71.5% of total investments.

The total value of investments in fixed assets of enterprises and organizations reached 57.5%, budget funds 26.9%, bank loans 7.3%, personal funds of the population 6.6%, extra-budgetary funds 1.5%, and other funds 0.2%.