Azerbaijan, Baku, July 20/ Trend E.Aliyev/
Around 7.361.8 billion manat from all financial sources, were invested in the development of economy and social sphere in Azerbaijan in the first six months of 2013, which is by 22.9 percent more than in the same period of 2012, the Azerbaijani State Committee's statistics report said.
According to the State Committee, the volume of investments in construction and installation work increased by 39.6 percent and amounted to 4.777.8 billion manat (64.9 percent of the total volume). Around 3.849.5 billion manat were invested in the construction of production facilities and about 3.512.3 billion manat were invested in non-production facilities.
Around 74.9 percent of the total volume of investments fell to domestic investments. They increased by 18.1 percent during a year. A significant part (78.6 percent) of domestic investments falls to the share of state enterprises and organizations and only 23.3 percent falls to the share of private enterprises.
Around 324.2 million manat (44 percent of the total volume of investments) were invested in the fixed capital at the expense of funds of enterprises and organizations, 346.4 million manat (4.7 percent) - bank loans, 3.321.4 billion manat (45.1 percent) - budgetary funds, 256.3 million manat (3.5 percent) - off-budget funds' resources, 177.2 million manat (2.4 percent) - the population's income and 18.5 million manat (0.3 percent) - other resources.
About 69.4 percent (5.111.2 billion manat) of funds invested in the fixed capital were transferred to the development of the non-oil sector. Around 2.250.6 billion manat (30.6 percent) were invested in the oil sector of the country. The investments in the country's non-oil sector increased by 31.3 percent and by 19.5 percent in the oil sector.
According to the report, about 45.4 percent of investments fall to the industrial areas, 18.2 percent-to the transport and storage facilities, 4.2 percent - agriculture, 9 percent - real estate operations ( 9 percent of them - the housing construction), 7.4 percent- public administration, 3.2 percent - health care, 3.2 percent - recreation, entertainment and culture, 2.7 percent- construction, 1 percent - communication and information, 3 percent - education, 1 percent - rendering the administrative and additional services, 0.9 percent - trade, 0.4 percent - tourist accommodation and public catering, 0.1 percent - financial, insurance, professional, technical and scientific activity.
The official exchange rate for July 19 is 0.7844 AZN/USD.
