More than 50 % of investment in the economy owned by the government

The state maintains a leading position in fixed investment: in the first eight months of the share of the state budget and the only state oil fund in the structure of investment was 50.5 % - State Statistics Committee told Turan .

Since the beginning the investment in the construction sector amounted to 10 378.8 million manat. This is 22.7 % more than in the same period last year. The share of private enterprises accounted for only 37 % of the investment. Domestic investment in the economy is 7760 million manat, which is 16.3 % more than last year. Domestic investment in the private sector accounts for only 21.5% of the investment.

From foreign sources came 2.6 bn AZN of investment. The bulk of these funds (971.3 million manat) accounted for the UK, the USA (308.4 million manat) , Norway (305 mln manat) , Japan (260 million manat) and Czech Republic ( 214.2 million manat) .

During the reporting period this year has been used by the Government of loans from the World Bank in the amount of 93.5 million manat , the Asian Development Bank - 36.8 million manat, the Islamic Development Bank - 7 770.6 thousand manats, and the Council of Europe - 2 153.1 thsd manats. - 08D-

 

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