Investment in Azerbaijan’s Nakhchivan down 18%

Some 75.5 million manats ($44.41 million) were channelled to the fixed capital from all financial sources for the development of the economy and social spheres in the Nakhchivan Autonomous Republic of Azerbaijan in the first six months of 2024, Report informs, citing the Statistical Committee of the autonomous republic.

Compared to the corresponding period of 2023, this shows a decline of 18.4 percent.

In January-June 2024, 62 million manats (36.47 million) of the capital investment was allocated to construction and installation work, which is 12% less than in the same period of 2023.