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Over 33% of investments in Azerbaijan’s fixed capital - domestic

Business Materials 18 April 2017 20:47 (UTC +04:00)

Baku, Azerbaijan, April 18

By Leman Zeynalova – Trend:

Some 3.18 billion manats were invested from all financial sources in the development of the economic and social areas of Azerbaijan in January-March 2017, the Azerbaijani State Statistics Committee said in a report as of January-March 2017.

According to the report, some 86.3 percent of the total investments were put in the construction of production facilities, 9.1 percent – in construction of non-production facilities and 4.6 percent – in construction of housing.

Some 33.8 percent of the total investments accounted for the domestic investments, the report said.

According to the report, the main sources of investments in January-March 2017 are as follows: funds of enterprises and organizations – almost 2.4 billion manats (75.2 percent of the total investments); budgetary funds – 268.5 million manats (8.5 percent); off-budgetary funds – 19.5 million manats (0.6 percent); bank loans – 338.3 million manats (10.6 percent); funds of population – 149.5 million manats (4.7 percent); other funds – 12.8 million manats.

Some 74.1 percent of the investments accounted for industry, 15.5 percent – construction, 5.4 percent – transportation and warehousing, 0.5 percent – public administration, security, compulsory social security, 1.3 percent - agriculture, forestry and fishery, 2.1 percent – information and communications, 0.4 percent – leisure, entertainment and arts, 0.2 percent - administrative and support services, 0.1 percent –education, 0.1 percent – commerce, the report said.

(1.7026 AZN = 1 USD on Apr. 18)

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