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INVESTMENTS IN REAL SECTOR

Politics Materials 1 August 2005 18:21 (UTC +04:00)

In January to June 2005 12.776trln manats has been invested in the Azerbaijani economy ($2640,815m, or 10.3% up the amount of investments for January to June 2004.

In 2004 actual investments comprised 24196.6bn manats ($4924,413m manats) with growth pace of 36.1%.

The forecast investments for 2005 constitute 22914.2bn manats ($4652.6m at average exchange rate of 4925.6 AzM/USD/), and actual investments in this period made up 55.76% of the forecast.

In January to June 3577.28bn manats ($585,559m) has been invested at the expense of internal sources, which comprises 28% ($3577.28bn manats) of the 2005 exact forecast of 7000bn manats ($1421.3m).

The foreign investments comprised 9198.72bn manats ($1600.84m), or 72%, which makes up 57.8% of exact forecast of 15914.2bn manats ($3231.3m).

Indices of investment processes in January to May 2005

Amount, in bn AZM

Special weight, in %

Investments in total

12776

100

Foreign investments

9198,72

72%

Internal investments

3577,28

28%

Source: State Statistics Committee and calculations by Trend

Major investing sources in January to June were enterprises (11288bn manats with a cut of 9.6%), bank credits (605.5bn manats with a rise of 5.6% times), community funds (397.6bn manats with a rise of 31%), budget funds (304.7bn manats with a rise of 53.3%).


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