The first ten months of this year in Azerbaijan there was invested in fixed assets 11.1 billion manat, which is 26.8% more than in the comparable period of 2011. However, about 61% of the funds were used in the construction works.
According to the State Statistics Committee, the pace of investment in the oil sector (AZN 8,260 mln) leads the overall investment growth by 3.5 percentage points.
The share of domestic investment (8.8 bn) in the structure of funding sources reached 79%. In this case, domestic investment increased 30.4%. Only from the state budget 4,863.6 mln was aimed at the implementation of investment projects. In total this year from the state budget to finance the construction and rehabilitation of infrastructure, etc. over 6 billion manat will be allocated.
According to the SSC, since the beginning of 2012 Azerbaijan commissioned residential buildings with a total area of 1,337,100 square meters. - 08D-
Economics
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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