Investments in Azerbaijan’s fixed capital since early 2017 disclosed
Baku, Azerbaijan, Sept. 15
By Azad Hasanli – Trend:
Almost 9.87 billion manats was invested in the development of the economic and social spheres of Azerbaijan in January-August 2017, which is by 0.1 percent more than in the same period of 2016, reads a report of the country’s State Statistics Committee.
The report said that 78.7 percent of the total investments were made in the construction of production facilities, 16 percent – in the construction of non-production facilities and 5.3 percent – in the construction of housing.
Some 39 percent of the total investments accounted for the domestic investments, the report said.
The main sources of investments in January-August 2017 are as follows: funds of enterprises and organizations – 6.89 billion manats (69.8 percent of the total investments); bank loans – almost 1.2 billion manats (11.8 percent); budgetary funds – almost 1.2 billion manats (11.8 percent); off-budgetary funds – 138.2 million manats (1.4 percent); funds of population – 444.2 million manats (4.5 percent) and other funds – 69.1 million manats.
Some 39.5 percent (3.9 billion manats) of the funds invested in the fixed capital accounted for the development of the non-oil sector, while 60.5 percent (5.97 billion manats) - in the country's oil sector.