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Investments in Azerbaijan's economy grow by 8%

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BM.GE
13.12.22 11:30
382
From January through November 2022, 13.05 billion manats ($7.66 billion) were allocated to fixed assets in Azerbaijan, 8.2% more year-on-year, Report informs, citing the State Statistical Committee.

Investments in the oil and gas sector decreased by 14.7%, while investments in the non-oil and gas sector increased by 24.5%.

According to the committee, 7.161 billion ($4.206 billion) or 54.9% of these funds fell on the production sector, 5.069 billion ($2.977 billion) or 38.8% - on services, and 823.4 million ($483.69 million) or 6.3% - on the construction of residential buildings.

The share of funds of enterprises and organizations amounted to 48.4%, budget funds - 37.3%, personal funds of the population - 7.8%, other funds - 3.8%, and bank loans - 2.7 %.