(MENAFN- Trend News Agency)
BAKU, Azerbaijan, January 27. The
funds allocated to the non-oil and gas sector of Azerbaijan grew by
13.6 percent and amounted to 12.8 billion manat ($7.5 billion)
compared to a year earlier, trend reports via the tweet of Azerbaijan's Minister
of Economy Mikayil Jabbarov.
'Last year, the funds allocated to the fixed capital
increased by 5.5 percent and reached 18.2 billion manat ($10.7
billion), compared to a year earlier,' said the tweet.
An increase in the investments allocated to
Azerbaijan's fixed capital from domestic sources amounted to 13.8
percent, compared to 2021.
According to the minister, the investments allocated
to the fixed capital by the state-owned organizations grew by 17.0
percent, whilst the investments allocated to the fixed capital by
the non-state organizations increased by 6.3 percent. The
investments allocated to the construction work rose by 16.7
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.