Over 63% of funds directed for fixed assets spent on construction

16:46 - 16.11.2020


November 16, Fineko/abc.az. Azerbaijan has published the data on the finances directed for fixed assets for Jan-Oct 2020, most part of which was spent on construction and installation works.

ABC.AZ was informed at the State Statistics Committee that AZN 7.28 bn or 63.1% of the funds directed for fixed assets was spent on construction and installation works for the reported term.

The total value of investments in fixed capital finances of enterprises and organizations amounted to 58.3%, budgetary funds 24.1%, bank loans 6.4%, personal funds of the population 6.1%, other funds 3.4%, finances of extrabudgetary state funds 1.7%.

 

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