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Fixed capital investments in Azerbaijan’s Nakhchivan increase

Economy Materials 22 August 2022 13:09 (UTC +04:00)
Fixed capital investments in Azerbaijan’s Nakhchivan increase
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, August 22. Some 605.6 million manat ($356.2 million) was allocated from all financial sources to the fixed capital from January through July 2021 for the development of the socio-economic sphere of the Nakhchivan Autonomous Republic (NAR), which is 1.5 percent higher than in 2021, Trend reports via Nakhchivan's State Statistical Committee.

In the reporting period, Nakhchivan's GDP exceeded 1.6 billion manat ($941.1 million) up by 2.3 percent compared to the previous year.

The GDP per capita from January through July 2022 increased by 2.7 percent year-on-year and amounted to 3,563 manat ($2,095).

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