13:01 - 10.06.2021

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June 10, Fineko/abc.az. Over Jan-May of this year AZN 4.907 million were directed for fixed assets in Azerbaijan (5.3% less versus Jan-May 2020).

ABC.AZ reports with reference to the State Statistics Committee that over the last one year the investments in the oil & gas sector decreased by 2.1%, and in the nonoil sector by 7.9%. Of the funds used, AZN 3.39 bn or 69.1% were spent on production, AZN 1.14 bn or 23.3% on services, AZN 371.6 million or 7.6% on the construction of residential buildings.

AZN 2.96 bn or 60.3% of the 5-month investments consisted of domestic finances, AZN 3.287 bn or 67% were directly spent on construction and installation works. In the total value of funds allocated for fixed assets, the funds of enterprises and organizations accounted for 61.5%, budget funds 18.1%, bank loans 6%, personal funds of the population 6.9%, and other funds 7.5%.