Home
Category
TV Live Menu
Loading data...

Resources Directed to Fixed Assets of Azerbaijan 19.4% Down in Q1 2021

no photo
Madona Gasanova
20.04.21 00:00
385
In January-March 2021, resources at US$ 1,391,294,108 (2365,2 million manat), or less for 19,4 percent compared to the corresponding period of 2020 were directed to fixed assets in Azerbaijan. Oil-gas sector recorded 6.2% drop, while non-oil-gas sector – 32.2%. 
 
The volume of investments in the oil-gas sector decreased by 6,2 percent, the volume of resources directed to the non-oil-gas sector by 32,2 percent.  US$1,036,352,934 (1761,8 million manat) or 74,5 percent of used resources were spent for production areas, US$234,235,292 (398,2 million manat) or 16,8 percent  - service fields, US$120,705,882 (205,2 million manat) or 8,7 percent to the construction of dwelling houses, reads the recent data of the State Statistical Committee of the Republic of Azerbaijan.  

US$724,647,053 (1231,9 million manat) or 52,1 percent of resources directed to fixed assets made internal resources.  US$1,039,999,993 (1768,0 million manat) or 74,8 percent of investment were directly spent for construction and installation works.

Allocations of enterprises and organizations in total value of investments directed to fixed assets made 67,5 percent, budget resources – 10,6 percent, bank credits – 8,9 percent, population own funds – 8,1 percent, other funds – 4,9 percent.