Over AZN 12 bn directed for fixed capital for Jan-Nov 2019

17:41 - 16.12.2019


December 16, Fineko/abc.az. Over the past 11 months of 2019 it was allocated AZN 12.786 bn from all sources of financing for the fixed capital for the development of the economy and social sphere of the country.

The State Statistics Committee informed ABC.AZ that 67.4% of the funds accounted for the cost of construction and installation works.

65.7% of total investment was spent on production, 24.9% on services and 9.4% on residential construction. Funds allocated for fixed assets from domestic sources made up 70.5% of the total investment.

The total value of investments in fixed assets of enterprises and organizations made up 56%, budget funds 27.2%, bank loans 7.7%, personal funds of the population 6.6%, funds of extra-budgetary state funds 1.6%, and other funds 0.9%.

By Elmir Murad

 

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