12:47 - 13.06.2023

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June 13, Fineko/abc.az. AZN 5.858 bn were directed for fixed assets in Azerbaijan for Jan-May 2023 (15.9% more than in 2022) ABC.AZ reports with reference to the State Statistics Committee.

Investments in the oil & gas sector grew by 18.9% and in the non-oil and gas sector by 14.2%.

In the structure of the funds spent, AZN 3.432 bn or 58.6% accounted for sphere of production, AZN 2.097 bn or 35.8% for services, and AZN 327.9 million or 5.6% for construction of residential buildings.

Internal funds amounted to AZN 4.314 bn or 73.6%, AZN 4.124 bn or 70.4% were spent on construction and installation works.

Of the funds directed for fixed assets, the share of funds of enterprises and organizations made up 48.6%, budget funds - 35.6%, personal funds of the population - 6.7%, other funds - 5.7%, bank loans - 3.4%.