In January to May 2005 10616.5bn manats has been invested in the Azerbaijani economy ($2186,399m at average exchange rate of 4855.7 AzM/USD/), or 14.5% up the amount of investments for January to March 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 AzM/USD/), and actual investments in this period made up 46,331% of the forecast.
In January to May 2843.3bn manats ($585,559m) has been invested at the expense of internal sources, which comprises 40,619% of the 2005 exact forecast of 7000bn manats ($1421.3m).
The foreign investments comprised 7773.2bn manats ($1600,84m), 48,844% 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 |
10616,5 |
100 |
|
Foreign investments |
7773,2 |
73,22 |
|
Internal investments |
2843,3 |
26,78% |
Source: State Statistics Committee and calculations by Trend
Major investing sources in January to March were enterprises (9408.8bn manats with a cut of 13.4%), bank credits (523.5bn manats with a rise of 12.4 times), community funds (336.3bn manats with a rise of 30.7%), budget funds (207.4bn manats with a rise of 89.1%).