Investments in fixed assets to increase by 3%

12:07 - 18.11.2024


 November 18, Fineko/abc.az. Average annual real growth of 3% is projected in fixed capital investments next year and in 2026-2028, while fixed capital investments in the non-oil/gas sector are projected to average 3.7% in 2026-2028.

ABC.AZ informs, referring to the Bill on State Budget 2025.

The dynamics of investments in fixed assets and their contribution to the diversification of the non-oil and gas economy, economic growth and employment will be formed by accelerating the attraction of domestic and foreign investments and reconstruction work within the framework of ghe Great Return to the occupation-liberated territories, increasing foreign direct investments in the non-oil/gas sector by 10-15% per year, increasing economic efficiency of public investments, including budget investments, and investments of state-owned companies, infrastructure projects, policy of expanding public-private partnership in implementation, increasing investment activity in the private sector and strengthening the financial mediation function of the banking and financial sector.