BAKU, Azerbaijan, Dec. 16
By Eldar Janashvili – Trend:
Some 12.8 billion manat ($7.5 billion) was transferred to the fixed capital from all financial sources to develop the Azerbaijani socio-economic sphere from January through November 2019, Trend reports referring to the Azerbaijani State Statistics Committee’s data.
At the same time, about 67.4 percent of all investments were spent on the production of goods, 24.9 percent - on services and 9.4 percent - on construction of residential buildings. Domestic capital investments accounted for 70.5 percent of the total investments.
Enterprises and organizations ensured 56 percent in the total cost of capital investments, 27.2 percent accounted for budget funds, 7.7 percent - bank loans, 6.6 percent - private funds, 1.6 percent - extrabudgetary funds, 0.9 percent - other funds.
(1 USD = 1.7 AZN on Dec. 16)
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