17:04 - 12.12.2023

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December 12, Fineko/abc.az. Over Jan-Nov 2023, 15.725 bn manats were directed for the fixed capital of Azerbaijan (16.5% more versus Jan-Nov 2022).

ABC.AZ reports that investments in the oil & gas sector grew by 24.7%, and in the non-oil/gas sector by 12.5%.

9.4 bn manats or 59.9% of the funds used were directed for the production sector, 5.498 bn manats or 35% for the service sector, and 805 million manats or 5.1% for the construction of residential buildings houses.

Of the funds directed for fixed assets, domestic funds amounted to 12.207 bn manats, or 77.6%. Of the funds directed for fixed assets, 11.46 bn manats or 72.9% were spent directly on construction and installation works.

In the total cost of funds directed for fixed assets, own funds of enterprises and organizations made up 46.1%, budget funds - 40.5%, personal funds of the population - 6.3%, bank loans - 2.5%, other funds - 4.6%.