BAKU, Azerbaijan, April 21. Over 193.9 million manat ($114 million) were allocated to the main capital from all financial sources for the development of the socio-economic sphere of Azerbaijan’s Nakhchivan Autonomous Republic in 1Q2022, which is 1.2 percent more than the same period in 2021, Trend reports citing the report of Nakhchivan’s State Statistical Committee.
According to the committee, more than 191.5 million manat ($112.6 million) were allocated to the fixed capital of Nakhchivan in 1Q2021.
GDP of Nakhchivan increased by 1.5 percent in 1Q2022 compared to the same period in 2021.
GDP per capita in Nakhchivan in the reporting period amounted to 1,231 manat ($724), which is two percent more than in 1Q2021.