Funds allocated for fixed assets increased - result of two months


March 16, Fineko/abc.az. AZN 1.965 bn were allocated from all financial sources for fixed assets for the development of the country's economic and social spheres for Jan-Feb 2020.

ABC.AZ reports that according to the State Statistics Committee that this is by AZN 254 million (14.8%) more against Jan-Feb 2019.

The cost of construction and installation works made up 58.7% of the funds spent for the reported term. 68.3% of total investments was spent on production, 20.6% on services, and 11.1% on residential construction.

58.3% of investments were made in internal sources and 41.7% in external ones.

It should be noted that investments in the amount of AZN 1.145 bn came from domestic sources, while AZN 819.5 million from external sources.