72% of finances directed for fixed assets allocated for construction in Azerbaijan

14:46 - 13.06.2022

June 13, Fineko/abc.az. Over Jan-May 2022, the finances for AZN 4.915 bn were directed for the fixed capital.

ABC.AZ reports with reference to the State Statistics Committee that AZN 3.657 bn (or 74.4%) of the finances directed for fixed assets were domestic funds.

Of the finances directed for fixed assets, AZN 3.5 bn or 71.9% were directly spent on construction and installation works.

In the total cost of finances directed for fixed assets, the finances of enterprises and organizations made up 52%, budget funds - 34.4%, personal funds of the population - 6.8%, other funds - 5.1%, bank loans - 1.7%.