Resources directed to fixed assets
On January 2019 resources amounted to 868.7 million manats or 12.5 percent less than the previous year directed to fixed assets from all financial sources for development of economic and social sectors of the country, 74.3 percent of spent resources were directly spent on construction and installation works. This decrease was due to the decline in investments in oil sector and the amount of funds directed to the non-oil sector increased by 1.2 percent, including the non-oil investment 1.9 percent. 66.7 percent of total investments were directly spent for production areas, 23.1 percent- facilities on service fields, 10.2 percent to the construction of dwelling houses with total area of 130.1 thousand square meters. Resources directed to fixed assets from internal sources made 66.6 percent of total investments.
Allocations of enterprises and organizations in total value of investments directed to fixed assets made 84.1 percent, population own funds – 5.9 percent, bank credits – 5.1 percent, budget resources – 4.1 percent, extra-budgetary funds – 0.8 percent.
In January 2019 important objects as Property Services Location of State Committee on Prosperity Issues in Baku and “SOCAR Carbamide” plant in Sumgayit were put into operation.
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