Azernews.Az

By Vusala Abbasova

Azerbaijan has expanded the investment in the social and economic spheres of the country in January to July, 2015.

The investments in the mentioned spheres increased by 3.5 percent as compared with the same period of the past year, according to the report of the Azerbaijan State Statistical Committee.

The total amount of investments amounted to 9.37 billion manats (over $8.94 billion), including 58.6 percent of internal investments.

The government allocated the largest investments in the field of the construction and installation works for this period, amounting to 74.7 percent of the total volume of investments.

Some 6.26 billion manats has been invested in the construction of production facilities, while about 3.11 billion manats has been invested in non-production facilities.

The assets of enterprises and organizations replenished the main capital in amount of 6.77 billion manats, including the bank loans at 443.3 million manats, budget funds at 1.66 billion manats, the off-budget funds at 153.8 million manats, the personal funds of the population at 273.2 million manats, and the other funds at 61.7 million manats.

Among the total investment in the main capital funds to the oil and non-oil sector of the country, the largely part of it was allocated to developing non-oil sector, amounting to 5.24 billion manats, while the investments to the oil sector totaled 4.13 billion manats over the period.

The industry sphere amounted to 51.7 percent of investments, while the construction made up 12 percent, transport and warehousing at 11.6 percent, recreation, entertainment and the arts at 3.5 percent, the trade and repair of vehicles and for information and communications made up 2 percent for each, education-1.6 percent, the real estate transactions, the provision of administrative and support services and services in other areas made up 0.7 percent for each, the health care-0.8 percent, the tourist accommodation and catering-4.8 percent, the financial and insurance activity-0.2 percent, the scientific and technical activities-0.1 percent, the state management-4.5 percent, agriculture, forestry and fisheries-3.1 percent over the reported period.

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