Azerbaijan to increase state investments by 20 pct in 2013
Azerbaijan plans to increase state investments in 2013, according to the draft state budget for next year.
In 2013, state investments will hit 6.915 billion manat, or 34.9 percent of total state budget expenditures. They will increase by 1.141 billion manat, or 19.8 percent compared to the predicted data as of late 2012 and by 1.063 billion manat or 18.2 percent compared to the actual figures as of 2011.
In 2013, the investments will primarily focus on construction and reconstruction of industrial, transport, energy, agriculture and other infrastructure, social and cultural facilities, the purchase of fixed assets, a number of state programs, and so on.
According to the project, the state budget expenditures will amount to 19.81 billion manat in 2013.
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