Investments in Azerbaijani economy to rise by over 17 per cent in 2013
Azerbaijan, Baku, Oct. 16 /Trend A.Akhundov/
Investments in the Azerbaijani economy will rise by 17.3 per cent in comparison with the forecasted indicators of this year.
This was reported in the drawing up of Azerbaijan's Social and Economic Development for 2013 and the following three years, established by the Ministry of Economic Development and published at the Finance Ministry website.
Investments in the Azerbaijani economy are expected to reach 18 billion manat next year.
According to forecasts, the share of domestic investments in 2013 will make up 71 per cent of general investments with the share of foreign investments at 29 per cent.
Some 69.4 per cent of involved investments will be directed towards the non-oil sector of the economy.
Next year state investments are expected to be in the region of 11 billion manat, non-state - 8.3 manat.
The official exchange rate as of October 16 is 0,7852 AZN/USD.