Azerbaijan posts a 19% drop in fixed investments

Azerbaijan posts a 19% drop in fixed investments
# 21 January 2010 16:23 (UTC +04:00)
Baku. Nijat Mustafayev – APA-ECONOMICS. Through all the funding sources, the fixed investments made AZN 7.4 billion in Azerbaijan during 2009, down 18.7% from the same period a year ago.

The State Statistical Committee said investments made in construction and reconstruction works reached AZN 5.1 billion or 69.9% of the total investments.

Domestic investments far exceeded foreign investment in the country during this period.

Of the fixed investments, 47.9% came from organizations and companies, 36.4% from the state budget, 4.1% from household funds and 11.6% from other sources.
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