Investments in fixed capital in Azerbaijan increase
Rena Murshud
Read moreIn January-August 2023, investments in fixed assets in Azerbaijan amounted to 10.864 billion manats, an increase of 15.4% compared to the same period last year, Azernews reports.
Minister of Economy Mikail Jabbarov wrote about this in X social page.
In the first 8 months of 2023, compared to the same period last year, investments in #fixedcapital increased by 15.4% and reached 10 bln. 864.8 mln. ₼.#EconomyAz pic.twitter.com/8If4pHZDzF
— Mikayil Jabbarov (@MikayilJabbarov) September 22, 2023
Recall that in 2022, 18 billion 272.3 million manats were allocated to fixed assets in Azerbaijan, which is 5.5% more than in 2021. In the total cost of funds allocated to fixed capital, funds of enterprises and organizations amounted to 49.3%, budget funds - 36.4%, personal funds of the population - 6.7%, bank loans - 2.6%, and other funds - 5%.
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