Bank Of Baku

AZN 14 bln to be invested in non-oil sector of Azerbaijan next year

AZN 14 bln to be invested in non-oil sector of Azerbaijan next year
# 15 October 2014 12:56 (UTC +04:00)

Baku. Parviz Nuriyev – APA-Economics. AZN 19.8 bln is forecasted to be invested in the fixed capital of Azerbaijan in 2015, of which 72.8% will come from domestic investments, 27.2% from foreign investments.  

 

AZN 14.0 bln of total investments are expected to be directed to non-oil sector.

 

Non-state investments will make AZN 8.7 bln (43.9% of total investments). Share of state investments in total investments will be AZN 11.1 bln (56.1%).

 

Personal incomes will rise 5.8% to AZN 43.8 bln, expenditures will increase 5.2% to AZN 32.0 bln.

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