Minister: Funds allocated to fixed capital up by 4.6 pct

By Azernews

By Ayya Lmahamad

The funds allocated to the fixed capital have increased by 4.6 percent in January-September 2022, Azerbaijani Economy Minister Mikayil Jabbarov said, Azernews reports.

He added that domestic investment saw a 20.5 percent increase.

Noting that the investments allocated to the fixed capital by the non-state-owned organizations (except for AIOC) increased by 11.4 percent, the minister also stated that the capital investments of the state-owned structures rose by 21.5 percent.

Moreover, funds allocated to the construction work increased by 22.3 percent.

"In January-September 2022, the funds allocated to the #fixedcapital grew by 4.6% compared to the same period last year. An increase of 20.5% has been recorded in the internal #investment-s. The capital investments of the state-owned structures equalled 21.5%, whilst the investments allocated to the fixed capital by the non-state-owned organizations (except for Azerbaijan International Operating Company) rose by 11.4%. The growth of 22.3% in the funds allocated to the construction works is a significant indicator," Mikayil Jabbarov tweeted.