AZN 22 bn to be invested in Azerbaijan for next 4 years


December 22, Fineko/abc.az. Azerbaijan has published the volume of foreign investments in fixed assets for 2021.

ABC.AZ reports that this is reflected in the Concept & Forecast Indicators of Azerbaijan’s Economic & Social Development for 2021 & Next 3 Years, included in the 2021 budget package.

The document says that foreign investments in 2022 will decrease by 4.6% to AZN 5.77 bn, in 2023 by 16.1% to AZN 4.95 bn, and in 2024 they will increase again (+10%) up to AZN 5.56 bn.

As can be seen, in the next 4 years, the total volume of investments directed for fixed assets in Azerbaijan will amount to AZN 22.209 bn.