16:27 - 14.03.2023

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March 14, Fineko/abc.az. Azerbaijan directed AZN 2.206 bn for fixed assets for Jan-Feb 2023 (60.1% more against Jan-Feb 2022), ABC.AZ reports with reference to the State Statistics Committee

Investments in the oil & gas sector increased by 2.4% and in the non-oil & gas sector 2.3-fold.

AZN 1.125 bn or 51% of the funds used within two months were directed for the production sector, AZN 968.5 million or 43.9% for the service sector, AZN 112.9 million or 5.1% for the construction of residential buildings.

AZN 1.657 bn or 75.1% of the funds directed for fixed assets were domestic funds, and AZN 1.626 bn or 73.7% of the funds were spent on construction and installation work.

Of the total amount of funds directed for fixed assets, 44.8% were funds of enterprises and organizations, 42.9% - budget funds, 6.6% - personal funds of the population, 1.8% – bank loans, 3.9% - other funds.