Azerbaijan, Baku, Oct. 15 / Trend A. Akhundov /
Azerbaijan plans to grow state investments in 2013, according to information stated in the Azerbaijani draft state budget for 2013 by the Finance Ministry on Monday.
In 2013, state investments will hit 6.915 billion manat, or 34.9 percent of total state budget expenditures. They will increase by 1.141 billion manat, or 19.8 percent compared to the predicted data as of late 2012 and by 1.063 billion manat or 18.2 percent compared to the actual figures as of 2011.
In 2013, the investments will primarily focus on construction and reconstruction of industrial, transport, energy, agriculture and other infrastructure, social and cultural facilities, the purchase of fixed assets, a number of state programs, and so on.
According to the project, the state budget expenditures will amount to 19.81 billion manat in 2013 (35.2 percent of GDP projected for next year).
The official exchange rate is 0,785 AZN/USD on Oct. 15.
