Investments in Azerbaijan’s fixed capital to exceed AZN 19B in 2022

Baku. 26 October. REPORT.AZ/ Investments from all financial sources in Azerbaijan’s fixed capital will stand at AZN 18,440,400,000 in 2020, up 2.3% from 2019, Report informs referring to the budget package for 2019.

Of this, AZN 12,081,100,000 will come from domestic sources, AZN 6,359,300,000 from foreign sources. In the reporting period, investments in fixed capital on oil sector will amount to AZN 8,166,000,000, in other fields to AZN 10,274,400,000.

In 2021, the investments in the fixed capital will drop by 1.6% to AZN 18,289,200,000, with AZN 13,119,800,000 from domestic sources, AZN 5,169,400,000 from foreign sources. In the reporting period, investments in the fixed capital on the oil sector will make up AZN 5,620,200,000, on other fields AZN 12,669,000,000.

The investments in the fixed capital in 2022 will grow by 3.6% to AZN 19,085,600,000. Of this, AZN 13,488,600,000 will come from domestic sources, AZN 54,597,000,000 from foreign sources. Investments in the fixed capital on the oil sector will be AZN 5,909,900,000, on other fields AZN 13,175,600,000.