In January to July 2005 14830.3bn manats has been invested in the Azerbaijani economy ($3,077,975 under rates of 4818.2 AzM/USD, or 9.7% up the amount of investments for January to July 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 64.72% of the forecast.
In January to July 4285.8bn manats ($888.5m) has been invested at the expense of internal sources, which comprises 61,226% ($1421.3bn manats) of the 2005 exact forecast of 7000bn manats ($1421.3m).
The foreign investments comprised 10544.5bn manats ($2188.47m), which makes up 66,285% of exact forecast of 15914.2bn manats ($3231.3m).
Indices of investment processes in January to July 2005
|
Amount, in bn AZM |
Special weight, in % | |
|
Investments in total |
14830,3 |
100 |
|
Foreign investments |
10544,5 |
71,1% |
|
Internal investments |
4285,8 |
28,899% |
Source: State Statistics Committee and calculations by Trend
Major investing sources in January to July were enterprises (13036.9bn manats with a cut of 9%), bank credits (691.8bn manats with a rise of 2.2% times), community funds (517.6bn manats with a rise of 28.5%), budget funds (360.7bn manats with a rise of 57.5%).
In the first half of 2005 a total of $27m was put by the foreign enterprises and joint ventures in the non-oil sector, including $18.1m (67%) in oil sector, $3.9m in trade and services (14.4m), $3.8m in constriction (14.1%), $0.8m in transport and communications (3%).